VentureBeat reviews a “next-era protection” approach that permits facts to stay encrypted while they are being processed.
“Fully homomorphic encryption is poised to emerge from the labs and into the hands of early adopters after a long gestation period.”
Microsoft and Intel have both been vocal supporters of homomorphic encryption. Last December, IBM made a dash when it launched its first homomorphic encryption offerings. That package deal covered academic material, support, and prototyping environments for groups that needed to experiment. In a recent media presentation on the future of cryptography, IBM director of approach and rising generation Eric Maass defined why the employer is so bullish on “completely homomorphic encryption” (FHE)…
Why IBM is Pushing ‘Fully Homomorphic Encryption’
“IBM has been running on FHE for more than a decade, and we are ultimately achieving an apex in which we accept as true that this is prepared for customers to start adopting in a more massive manner,” Maass stated. “There are currently only a few agencies right here that have the competency and understanding to apply FHE.” To help accelerate this progress, IBM Research has released open-source toolkits, and IBM Security released its first business FHE provider in December…
Maass stated within the near term that IBM envisions FHE appealing to relatively regulated industries, consisting of economic offerings and fitness care. “They have the desire to reduce the cost of those data, but they also face significant pressures to stabilize and maintain the privacy of the data that they are computing on,” he explained.
The Wikipedia entry for homomorphic encryption calls it “an extension of both symmetric-key and public-key cryptography.”