Ryan Lasmaili is CEO of Vaultree, a leading provider of cutting-edge data-in-use encryption solutions. Read Ryan Lasmaili's full executive profile here.
Data has been called the new oil—the 21st century's most valuable commodity. Due to this value, we have entered an era where data breaches are not just a threat but a frequent headline. Regardless, our dependence on data grows daily, forcing the immediate need for robust data security solutions.
With growing attack rates, increased sophistication and the advent of generative AI promising to democratize cybercrime to the lowest denominator, traditional protection methods have been shown to be demonstrably inadequate. In this landscape, the notable capabilities of fully homomorphic encryption are sparking renewed interest and innovation in the field. This technology, initially conceptualized by Craig Gentry in 2009, has garnered significant attention for its potential applications.Derived from the Greek"homos," meaning same, and"morphe," meaning shape or form, FHE enables computations on data in its encrypted state, removing the need for decryption before processing.
As FHE continues to evolve, it's important to understand its potential challenges alongside its benefits. In this way, it can help transform how we manage and protect data to better ensure a secure, innovative digital landscape for all.
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