IBM plans to announce that it will offer a chip-based encryption method that has the potential to significantly simplify and reduce the costs of how data is secured on computers, PDAs, cell phones and other electronic devices, The Wall Street Journal reports.The “Secure Blue” technology encrypts or scrambles all data it processes via a part of a microprocessor designed specifically for this reason, according to The Journal.IBM is releasing the technology amid a recent spate of high-profile data breaches at a number of businesses, health-care organizations and financial institutions. In one of the more recent breaches, a Fidelity Investments laptop that housed personal data on some 196,000 customers was stolen in March. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe According to IBM, the new technology can resist the trickery of even the most skilled hackers, The Journal reports. Tim Ravy, a vice president with IBM’s technology-collaborations solutions unit, told The Journal, “If someone tries to access the chip by tampering, it can commit suicide on the spot.” In the future, IBM engineers will collaborate with processor producers to build security features directly into their products, according to The Journal.Secure Blue is in IBM’s Power processors, which are available to businesses, and in two additional processors, The Journal reports. The company will also reach out with Secure Blue to processor producers in the defense, consumer electronics and financial services industries, according to The Journal.“The need to protect content is growing exponentially,” Ravy told The Journal.Check out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content news Nominations extended for CIO100 ASEAN Awards 2023 By Shirin Robert Oct 02, 2023 2 mins IDG Events IT Leadership brandpost Unlocking value: Oracle enterprise license models for optimal ROI Helping you maximize your return on investment of Oracle software program licenses is not as complex as it sounds—learn more today. By Rimini Street Oct 02, 2023 4 mins Managed IT Services IT Management brandpost Lessons from the field: Why you need a platform engineering practice (…and how to build it) Adopting platform engineering will better serve customers and provide invaluable support to their development teams. By VMware Tanzu Vanguards Oct 02, 2023 6 mins Software Deployment Devops feature The dark arts of digital transformation — and how to master them Sometimes IT leaders need a little magic to push digital initiatives forward. Here are five ways to make transformation obstacles disappear. By Dan Tynan Oct 02, 2023 11 mins Business IT Alignment Digital Transformation IT Strategy Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe