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To battle hackers, IBM wants to encrypt the world

To battle hackers, IBM wants to encrypt the world

There are only two types of companies, it is commonly said: those that have been hacked, and those that just don't know it yet.

IBM Corp. wants to get rid of both. The Armonk, N.Y., computing giant said Monday that it has achieved a breakthrough in security technology that will enable all businesses 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.

"The last generation of mainframes did encryption very well and very fast, but not in bulk," Ross Mauri, general manager of IBM's mainframe business, said in an interview. Mauri estimates that only...

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