IBM Aims to Set Advanced Encryption Standard for E-Business
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IBM submitted a new encryption algorithm to the National Institute of Standards and Technology (NIST) for consideration as the Advanced Encryption Standard (AES).
IBM said it pioneered network data security by developing the Data Encryption Algorithm which is the current Data Encryption Standard (DES).
As part of the IBM SecureWay family of offerings, the new IBM encryption algorithm is designed to protect data and electronic commerce well into the next millennium, the company said.
The new IBM algorithm, including a minimal 128-bit key, can be implemented in hardware, in software, and in bandwidth-constrained applications such as smart cards.
Information about IBM's security offerings can be found here.