Excerpt from sdxcentral Article – Published on Aug 14, 2023
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Confidential computing, which dates back to 2004, has seen slow market adoption until recently. However, recent changes are driving increased interest in this technology. Factors contributing to this shift include the growing need for cybersecurity tools and the emergence of new business opportunities based on confidential computing technology.
According to a report by Everest Group, the confidential computing market could grow to $54 billion by 2026, underscoring its rising significance in enterprise security. This article explores the potential of confidential computing’s latest technological advancements to unlock new business opportunities and innovation across industries.
The three fundamental principles of cybersecurity, known as the triad, include confidentiality, integrity, and availability. While efforts are focused on maintaining these principles to prevent cyber threats, confidential computing plays a crucial role in protecting sensitive data and ensuring secure data processing.
Unlike traditional computing, confidential computing safeguards sensitive data through various technologies and techniques, allowing it to be processed securely in trusted computing environments without exposing it to unauthorized access. This approach addresses concerns about insider and external attacks on data integrity and confidentiality.
Confidential computing’s growth in relevance can be attributed to factors such as the rapid adoption of public clouds and remote edge environments. While adoption has been slow in the past, the increased use of these less secure environments has driven the demand for confidential computing’s protection. Additionally, advances in surrounding layers and ease of use have made it more accessible to developers.
Confidential computing holds potential beyond protection, offering opportunities for collaboration. Just as a jigsaw puzzle’s full picture is revealed only when all pieces are assembled, combining scattered data from various sources could unlock valuable insights and business opportunities. In regulated industries, confidential computing allows collaboration while maintaining privacy protection.
The article also highlights how confidential computing is used in healthcare, financial services, insurance, and more. It secures sensitive information, intellectual property, code, and applications. Furthermore, confidential computing’s adoption extends to edge computing, where it ensures security for increasingly sophisticated devices gathering and processing data at the edge of networks.
The evolution of edge computing demands security measures beyond traditional methods. Confidential computing’s potential to safeguard in-use data in these insecure environments is recognized, mitigating risks and ensuring compliance with privacy regulations.
In summary, confidential computing is a transformative technology with the potential to unlock new business opportunities, collaboration, and innovation while ensuring data security and privacy in an evolving digital landscape.
To delve deeper into this topic, please read the full article on sdxcentral .