Tamper-responding encryption keys. A top concern for organizations is protection of encryption keys. In large organizations, hackers often target encryption keys, which are routinely exposed in memory as they are used. Only IBM Z can protect millions of keys (as well as the process of accessing, generating and recycling them) in “tamper responding” hardware that causes keys to be invalidated at any sign of intrusion and can then be restored in safety. The IBM Z key management system is designed to meet Federal Information Processing Standards (FIPS) Level 4 standards, where the norm for high security in the industry is Level 2. This IBM Z capability can be extended beyond the mainframe to other devices, such as storage systems and servers in the cloud. In addition, IBM Secure Service Container protects against insider threats from contractors and privileged users, provides automatic encryption of data and code in-flight and at-rest, and tamper-resistance during installation and runtime.
Encrypted APIs. IBM z/OS Connect technologies make it easy for cloud developers to discover and call any IBM Z application or data from a cloud service, or for IBM Z developers to call any cloud service. IBM Z now allows organizations to encrypt these APIs – the digital glue that links services, applications and systems – nearly 3x faster than alternatives based on compared x86 systems.
“The pervasive encryption that is built into, and is designed to extend beyond, the new IBM Z really makes this the first system with an all-encompassing solution to the security threats and breaches we’ve been witnessing in the past 24 months,” said Peter Rutten, analyst at IDC’s Servers and Compute Platforms Group.
Designed for Tough New Data Protection Regulations
The IBM Z also helps clients build trust with consumers and comply with new standards such as the EU’s General Data Protection Regulation (GDPR) that will increase data protection requirements for organizations doing business in Europe starting next year. GDPR will require organizations to report data breaches to the regulatory authority within 72 hours and face fines of up to four percent of annual worldwide revenues or 20 million Euro, unless the organization can demonstrate that data was encrypted and the keys were protected. At the U.S. Federal level, the Federal Financial Institutions Examination Council (FFIEC), which includes the five banking regulators, provides guidance on the use of encryption in the financial services industry. Singapore and Hong Kong have published similar guidance. More recently, the New York State Department of Financial Services published requirements regarding encryption in the Cybersecurity Requirements for Financial Services Companies.
Creating the Most Secure Blockchain Service
As blockchain applications become increasingly integrated into core business processes, client's concerns are naturally shifting to security, encryption, and resiliency. The IBM Cloud is constantly evolving with industry leading compute options. Now it is evolving again to bring IBM Z onto the IBM Cloud, launching initially as an encryption engine for cloud services and to run IBM Blockchain services to provide the highest commercially available levels of cryptographic hardware. New blockchain services in centers in Dallas, London, Frankfurt, Sao Paolo, Tokyo and Toronto are secured using IBM Z’s industry-leading cryptography technology.
"The powerful combination of IBM Z encryption and secure containers differentiates IBM Blockchain services on the cloud by supporting the trust models new blockchain networks require,” said Marie Wieck, general manager, IBM Blockchain. "Enterprise clients also benefit from the ease of use making management transparent to the application and the user."
AngelHack, in collaboration with IBM, today launched “Unchain the Frame,” a global virtual hackathon with more than $50,000 USD in prizes. Developers from around the world are invited to show off their skills and creativity using technologies such as blockchain, open source applications, financial industry APIs and machine learning on IBM Z.
New: Predictable and Transparent Container Pricing