IBM unveils new mainframe capable of running more than 12 billion encrypted transactions a day

IBM has launched a new mainframe system capable of running more than 12 billion encrypted transactions per day, in a bid to wade further into the financial cybersecurity market. The mainframe, called IBM Z, seeks to address cyberattacks which have compromised financial data. It also aims to help firms automate financial regulatory compliance, in line with confidentiality and data protection laws.

http://www.cnbc.com