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IBM’s new z16 mainframe brings two industry-firsts and quantum-proof data encryption

You are here: Home / General Cyber Security News / IBM’s new z16 mainframe brings two industry-firsts and quantum-proof data encryption
April 5, 2022

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IBM has unveiled its most current line of z-series mainframes with the z16, bringing with it two market-initially options that are now conserving businesses tens of millions of pounds, the company’s experts mentioned.

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It said its z16 mainframe is outfitted with an market-1st quantum-secure security method, underpinned by lattice-based mostly cryptography, which employs combines secure boot to avert malware from being injected at the startup section and quantum-resistant cryptography to prevent an attacker from brute-forcing decryption of the most delicate knowledge.

A adequately potent quantum computer system can effectively reduce the power of encryption in fifty percent, said Anne Dames, IBM distinguished engineer focused on cryptographic technology improvement. This usually means that a file encrypted with everything fewer than the AES-256 typical will probably be vulnerable to quantum-based mostly cyber attacks.

The AES-128 conventional is thought of resistant to quantum-dependent attacks – brute power makes an attempt to split the encryption – but if the file is encrypted with AES-128, to start off with, then this energy is minimize in fifty percent, in accordance to Dames, that means the encryption can be broken.

We are currently seeing early-phase ‘preparatory’ quantum-centered cyber attacks in the true environment, Dames included, in the form of ‘harvest now, decrypt later’ strategies.

“Some of the attacks, trust me, have currently started out in the ‘harvest now, decrypt later’ scenarios exactly where persons are capturing facts today to preserve it until finally they can get accessibility to a quantum computer, and in an offline manner, check out to decrypt that knowledge,” she explained. “So there are just a quantity of eventualities and a amount of attack situations that poor actors will most likely attempt.”

IBM said consumers really should think about investing in the new technology now to stay away from extortion attempts and reduction of intellectual house in the future, should they drop target to ‘harvest now, decrypt later’ attacks in the long term.

The z16 mainframe also enables enterprises to encrypt additional of their facts with no undue strain on methods, in accordance to Ross Mauri, general supervisor of IBM Units.

“Sometimes you will find an innovation or two that transform out to be real game-changers,” he claimed. “To give you an illustration in z14 with pervasive encryption, where we set a crypto engine accelerator suitable on the microprocessor, we turned an market-to start with into a activity-changer for our purchasers. 

“Because ahead of this, purchasers ended up in some cases encrypting a few, four, probably 5% of their info. And now with this on-chip accelerator, they could encrypt all their data all the time, a real video game-changer and that coming in with zero impact to performance and their service amount agreements.”

The z16 also provides an artificial intelligence (AI) and deep understanding accelerator to its Telum microprocessor, which aims to provide far better AI and deep discovering general performance on a more substantial scale and all with a lot decreased latency.

IBM mentioned the accomplishment is a further marketplace-to start with and one particular that is currently benefiting the financial companies marketplace as it tackles true-time fraud detection.  

The on-chip AI accelerator lets banks, for example, to improve the precision of their fraud detection when completing operations like credit history card authorisation purposes. 

In advance of z16, IBM claimed a person massive US bank ran into issues such as timeouts and inconsistent response situations. With its most recent mainframe technology, IBM said its consumers can complete additional exact anti-fraud checks at once, with decreased latency, and this has led to “fraud avoidance discounts in the large digit tens of millions of dollars annually,” according to Elpida Tzortzatos, CTO at IBM Units, AI.

IBM said the z16 can procedure 300 billion inference requests a day at 1ms of latency when in the earlier latency has commonly been as substantial as 80ms. Individuals stand to reward from the time saved in dealing with possibly fraudulent credit card transactions, although merchants conserve profits from blocking unneeded bogus declines on transactions, for case in point.

Other purposes for the z16’s components incorporate additional expeditious bank loan approvals, transaction clearing and settlement, and federated mastering for retail.

“IBM improvements, which includes the IBM z16, have fashioned the technology backbone of the global economy for many years,” the corporation said. “Today’s contemporary IBM mainframe is central to hybrid cloud environments, valued by two-thirds of the Fortune 100, 45 of the world’s major 50 banking institutions, 8 of the prime ten insurers, 7 of the best 10 global stores and eight out of the best ten telcos as a very secured platform for working their most mission-critical workloads.”


Some areas of this short article are sourced from:
www.itpro.co.uk

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