The Washington Post reported that “IBM argues that universal encryption could be the answer to what has become an epidemic of hacking.” The July 17, 2017 article entitled “To battle hackers, IBM wants to encrypt the world” included these comment about IBM’s recommendations to encrypt the universe:
…it has achieved a breakthrough in security technology that will allow every business, from banks to retailers to travel-booking companies, to encrypt their customer data on a massive scale — turning most, if not all, of their digital information into gibberish that is illegible to thieves with its new mainframe
But the Washington Post also pointed out that IBM’s should be able to generate greater revenue:
For IBM, encryption is also a massive business opportunity. Businesses spend over $1 trillion a year making sure that their security meets government standards,…
IBM’s encryption recommendation will be interesting to follow.
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