IBM claims advanced encryption algorithm

Charanjit Jutla, a researcher at IBM, apparently invented an algorithm capable of performing both encryption and authentication functions in one, simultaneous step. IBM says the technology takes advantage of parallel processing hardware and reduces the time it takes to perform some security-related tasks by as much as 50 per cent.

IBM looks for the algorithm to be scooped up for securing Internet protocols, storage area networks (SANs), fibre optic networks and intensive e-business applications. IBM said the algorithm will be examined by the National Institute of Standards and Technology (NIST) which will determine whether to recommend it as a standard for securing communications.

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