IBM’s FHE technology can be used by organizations and companies that apply machine learning and analytics to encrypted data without compromising data privacy. Even if business data is stored across hybrid multi-cloud environments, it does not guarantee guaranteed protection against the ever-evolving security and data privacy risks.
Why FHE makes sense
Encryption provides protection, but in order to access data for computing and other business-critical operations, it must first be decrypted. The doors of any possible compromise on privacy and confidentiality controls are inevitably opened during decryption.
For organizations, it is essential to process information while still protecting privacy and security. Symmetric encryption could be the answer For organizations in such a challenging scenario where security threats are constantly evolving. Companies such as Microsoft and Intel have consistently opposed the introduction of symmetric encryption.
IBM chose to go ahead and caused quite a stir when it first released symmetric encryption services. Learning materials, prototyping environments, and support are included in the package for companies interested in experimenting.
A blog post from IBM said that experiments with symmetric encryption began in the same 1970s. However, a milestone was only reached in 2009 when Craig Gentry, currently a Research Fellow at the Algorand Foundation, published his groundbreaking work.
Only after Gentry’s work was published did researchers and companies consider homomorphic encryption (FHE) as the answer against online threats to Cloud security, covering everything from banking and financial services to online shopping and healthcare. In a recent media presentation, Eric Maas, director of strategy and emerging technology at IBM, explained his company’s optimism about fully symmetric encryption, saying the technology allows for computing data to remain encrypted.
IBM knows that for FHE to be widely used, it needs to be accessible to data scientists and casual application developers, not just cryptographers. IBM has made it possible to develop artificial intelligence, machine learning, and cloud technologies for an entirely new generation by collaborating with leading companies who understand the unique challenges facing their industry and academics involved in the development and use of FHE. It allowed important calculations to be performed on sensitive data without compromising privacy.
IBM has also worked with Banco Bradesco, one of the largest banks in Brazil, which marks another milestone for FHE. The researchers demonstrated that a much higher level of specificity can be achieved while making cryptographic predictions that keep the data and outcome hidden throughout processing.
While there is still a lot of work to be done before FHE gets out of the research and begins to be used by more and more entities, it is hoped that before long the value of FHE will be recognized and the next steps taken to improve cloud security. Companies like Google, IBM, Microsoft, and others are pushing boundaries to make it easier for developers to take advantage of this exciting new technology.
There has been a revolutionary shift in the ways of doing business, creating software, storing data, and day-to-day business operations after the cloud became popular. This revolutionary technology allows us to access our data from anywhere. However, it has opened the doors to emerging cybersecurity threats as well.
Cloud-delivered malware has emerged as a powerful threat. The increasing use of cloud data apps such as Google Drive and Dropbox, which allow individuals to quickly transfer sensitive data, is also of concern. Organizations have no way of knowing when sensitive data has been shared. Many companies rely on SaaS to carry out their daily operations. For such organizations, unsecured cloud-based applications remain a major threat.
An effective way to deal with these security threats is to get a Virtual Private Network (VPN). a Download VPN It offers software that is able to protect the online activities of users. Basically, it makes your actions anonymous and secure.
It creates a tunnel to transmit all the data and uses encryption so that no one on the web can decrypt the data that is being transmitted between the internet and the individual using the VPN. It helps to greatly improve user privacy and security. VPNs can also block malicious emails and report suspicious websites.
Data privacy concerns are an important issue nowadays. Fortunately, companies are pushing to find new ways to protect them. The use of symmetric encryption is set to revolutionize online security, especially security on the cloud. True, so far, the use of this new technology has been limited to research and experimentation.
However, companies like Google, IBM, and Intel have taken the lead, and it is hoped that FHE will become available to the masses sooner rather than later. The online security challenges we face are unique and emerging. Hopefully, symmetric encryption will turn out to be a game-changer.