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Linux Foundation on Spying Giants Branded 'Confidential' and Banks Framed as "Open FinTech"

Submitted by Roy Schestowitz on Thursday 17th of October 2019 02:07:18 PM Filed under
OSS
  • Confidential Computing Consortium Establishes Formation with Founding Members and Open Governance Structure

    The Confidential Computing Consortium, a Linux Foundation project and community dedicated to defining and accelerating the adoption of confidential computing, today announced the formalization of its organization with founding premiere members Alibaba, Arm, Google Cloud, Huawei, Intel, Microsoft and Red Hat. General members include Baidu, ByteDance, decentriq, Fortanix, Kindite, Oasis Labs, Swisscom, Tencent and VMware.

    The intent to form the Confidential Computing Consortium was announced at Open Source Summit in San Diego earlier this year. The organization aims to address data in use, enabling encrypted data to be processed in memory without exposing it to the rest of the system, reducing exposure to sensitive data and providing greater control and transparency for users. This is among the very first industry-wide initiatives to address data in use, as current security approaches largely focus on data at rest or data in transit. The focus of the Confidential Computing Consortium is especially important as companies move more of their workloads to span multiple environments, from on premises to public cloud and to the edge.

  • Confidential Computing Consortium Establishes Formation with Founding Members and Open Governance Structure – Member Comments
  • Open FinTech Forum Brings Together Technologists and Business Executives to Accelerate Development in Finance Sector

    The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced the speakers and program for Open FinTech Forum taking place December 9, 2019 at the Convene Conference Center in New York. To register, please visit: https://events19.linuxfoundation.org/events/open-fintech-forum-2019/register/

    Open FinTech Forum is where financial services IT decision makers come to learn about the open technologies driving digital transformation – technologies like AI, blockchain and more – and how to best utilize an open source strategy and implementation to enable new products, services and capabilities; increase IT efficiencies; establish and strengthen internal license compliance programs; and attract top-level talent and train existing talent on the latest disruptive technologies.

    “Open FinTech Forum brings the open source communities that support financial services together with CIOs, IT managers and developers working in the heart of finance,” said Angela Brown, General Manager of Events at The Linux Foundation. “We’re looking forward to showcasing the industry’s emerging and established open technologies fueling this space.”

»

Confidential computing - The next new norm

Submitted by Roy Schestowitz on Thursday 17th of October 2019 02:15:48 PM.
  • Confidential computing - The next new norm

    The Linux Foundation recently formed the Confidential Computing Consortium, a community dedicated to defining and accelerating the adoption of confidential computing. Red Hat and other organizations deeply interested in breathing life into confidential computing solutions are coming together to advance the capabilities of secure computing through the use of Trusted Execution Environments (TEEs).

    In a typical computing environment, whether located in our datacenter, the cloud, or a hybrid of the two, our computational workloads are (at a very high level) served by a triad of physical equipment running software to provide compute, networking and storage.

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