"IBM Launches Experimental Homomorphic Data Encryption Environment for the Enterprise"

IBM Security has launched a new service that lets companies experiment with Fully Homomorphic Encryption (FHE). This encryption scheme enables computers to perform operations on encrypted data without having to decrypt it, further enhancing the privacy of existing IT architecture, products, and data. FHE will significantly improve data protection in the realms of data science and machine learning. Although IBM and the broader research community have been working on the development of homomorphic encryption for more than a decade, FHE has been considered impractical because of its significant drain on computational power and slow computation speeds. However, industry compute power has grown exponentially, and the algorithms behind FHE have been refined, allowing it to be performed at seconds per bit and fast enough for various types of real-world use cases and early trials with companies. In addition, IBM is implementing lattice cryptography to make FHE quantum-safe or resistant to being broken by future quantum-computing speeds. This article continues to discuss the purpose of the new IBM Security Homomorphic Encryption Services, as well as the concept, advancement, and potential uses of FHE. 

ZDNet reports "IBM Launches Experimental Homomorphic Data Encryption Environment for the Enterprise"