Intesa Sanpaolo and IBM have teamed up to enhance the security of digital transactions by implementing fully homomorphic encryption. This partnership aims to protect sensitive data during online transactions and ensure the confidentiality and integrity of information exchanged between parties.
Fully homomorphic encryption allows for computations to be performed on encrypted data without the need to decrypt it first, thereby reducing the risk of data exposure. By integrating this cutting-edge technology into their digital transaction processes, Intesa Sanpaolo and IBM are enhancing the security of their systems and safeguarding customer information from cyber threats.
This collaboration highlights the commitment of both companies to prioritize data protection and privacy in an increasingly digital world. By leveraging advanced encryption techniques, they are addressing the growing concerns around online security and aiming to provide a secure environment for their customers to conduct transactions.
The use of fully homomorphic encryption demonstrates the innovative approaches taken by Intesa Sanpaolo and IBM to stay ahead of cyber threats and protect the integrity of digital transactions. By implementing this technology, they are not only enhancing the security of their platforms but also setting a new standard for data protection in the financial services industry.
Overall, the partnership between Intesa Sanpaolo and IBM represents a significant step towards ensuring the confidentiality, integrity, and security of digital transactions. By leveraging the power of fully homomorphic encryption, they are reinforcing their commitment to data protection and privacy, ultimately providing customers with a secure and reliable platform for conducting online transactions.
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https://www.xm.com/research/markets/allNews/reuters/intesa-sanpaolo-and-ibm-secure-digital-transactions-with-fully-homomorphic-encryption-53867062