I just ran across several articles (Forbes, eWeek and The Ashdown Group) about IBM’s announcement of a mathematical method for homomorphic encryption.

When we can implement this, the implications are huge. You will be able to process large amounts of encrypted data to find broad trends, with out knowing the contents of the encrypted files.

Charles Lickel, vice-president of IBM Software Research, said: “Fully homomorphic encryption is a bit like enabling a layperson to perform flawless neurosurgery while blindfolded, without later remembering the episode.”

–The Ashdown Group

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