Team Microsoft understands the importance of online security and thus they now brings a Lockbox in the Cloud. This new technology called Verifiable Confidential Cloud Computing adds an extra layer of security in the cloud and keeps the entire cloud data encrypted even when it is being accessed to make calculations. The data stored in cloud is stored in a virtual lockbox and will be accessible only with the hardware managed by Verifiable Confidential Cloud Computing also known as VC3.
We often store all our sensitive information in our online accounts and hence it is very important to ensure online security. Microsoft unveiled this new cloud security technology VC3 last week at the IEEE Seminar on Security and Privacy being held in San Francisco.
“The new research project, released Monday at the IEEE Symposium on Security and Privacy, adds an extra layer of security for companies that are charged with safeguarding very sensitive information, such as financial data or personal records, and also regularly need to use that data to make calculations or conduct other transactions”, says the Microsoft Research Team.
The data is loaded into a secure hardware in the cloud to make the calculations and once the calculations and transactions are done, the data is re-encrypted and moved back across the wire to the secure hardware where it was originally stored. No one else can see or access this data during or after the calculations, not even the people working at the company running the cloud based service.
Watch the video learn more about Cloud Security Platform Lockbox and its functionality.