Skip to content
Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg Customer SupportCustomer Support
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Products and Account Information

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

  • Company

    • About
    • Careers
    • Diversity and Inclusion
    • Innovation
    • Philanthropy
    • Sustainability
    • Bloomberg London
    • Bloomberg Beta
    • Gender-Equality Index

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Twitter
    • LinkedIn
    • Instagram
  • Products

    • Bloomberg Terminal
    • Execution and Order Management
    • Content and Data
    • Financial Data Management
    • Integration and Distribution
    • Bloomberg Tradebook

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Apps
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Company

    • About
    • Careers
    • Diversity and Inclusion
    • Innovation
    • Philanthropy
    • Sustainability
    • Bloomberg London
    • Bloomberg Beta
    • Gender-Equality Index

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Twitter
    • LinkedIn
    • Instagram
  • Products

    • Bloomberg Terminal
    • Execution and
      Order Management
    • Content and Data
    • Financial Data
      Management
    • Integration and
      Distribution
    • Bloomberg
      Tradebook

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • Bloomberg Environment
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg
      Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg
      Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Apps
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Contracts and Orders

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

MenuSearch 
Bloomberg
Sign InSubscribe
  • Home

  • Markets

  • Technology

  • Politics

  • Wealth

  • Pursuits

  • Opinion

  • Businessweek

  • New Economy

  • Green

  • CityLab


  • Video

  • Podcasts

  • Radio


  • Newsletters

  • Watchlist

  • Subscribe

  • Sign in


  • Submit a Tip

  • Help Center

  • License

Read
  • Bloomberg New Economy
  • Future Finance
  • Wealth
  • Next China
  • Crypto
  • Checkout
  • Hyperdrive
  • Well Spent
  • Prognosis
  • Equality
  • Good Business
  • Billionaires
  • Graphics
  • Sponsored Content
  • Screentime
  • Retirement Center
Watch
  • The David Rubenstein Show
  • Art + Technology
  • Inspire GO
Special Reports
  • Where to Invest $10,000
  • 50 Companies to Watch in 2018
  • Where to Invest $1 Million
Follow
  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
Read
  • Economics
  • Deals
  • The FIX | Fixed Income
  • ETFs
  • FX
  • Factor Investing
  • Markets Magazine
Watch
  • Daybreak
  • Surveillance
  • Markets
  • What'd You Miss
  • Real Yield
  • Charting Futures
  • Futures in Focus
Follow
  • Twitter
  • Facebook
Data
  • Stocks
  • Currencies
  • Commodities
  • Rates & Bonds
  • Sectors
  • Economic Calendar
Listen
  • What Goes Up
  • Stephanomics
  • Odd Lots
  • Surveillance
  • P&L
  • Trillions
Read
  • Work Shifting
  • Code Wars
  • Startups
  • AI
  • Mobile
  • Big Data
  • Cloud Computing
  • U.S.
  • Global
Special Reports
  • The Elon Musk Tracker
  • Tesla Model 3 Tracker
Watch
  • Bloomberg Technology TV
  • Studio 1.0
Listen
  • Decrypted
Follow
  • Twitter
  • Facebook
Read
  • Election 2020
  • Trump Tracker
  • Global Trade Tracker
Listen
  • Sound On
  • Bloomberg Law
Watch
  • Balance of Power
Subscribe
  • Balance of Power
Follow
  • Twitter
  • Facebook
Read
  • Investing
  • Living
  • Opinion & Advice
  • Savings & Retirement
  • Taxes
  • Reinvention
Watch
  • Good Money
Listen
  • The Paycheck
Follow
  • Twitter
  • Facebook
  • Instagram
Read
  • Travel
  • Autos
  • Homes
  • Living
  • Culture
  • Style
Special Reports
  • Property Listings
  • London Property Prices
  • New York Property Prices
  • How to Spend Your Bonus
Watch
  • Made
  • Traveler
  • Invitation Only
Follow
  • Twitter
  • Facebook
  • Instagram
Read
  • Editorials
Follow
  • Twitter
  • Facebook
  • Instagram
Listen
  • Masters in Business
Subscribe
  • Bloomberg Opinion Today
  • Money Stuff
  • Ritholtz's Reads
  • Early Returns
  • Sparklines
Special Reports
  • Sooner Than You Think
  • Business of Equality
  • The Year Ahead: 2020
  • The Bloomberg 50
  • Best B-Schools
Watch
  • Hello World
The Magazine
  • Subscribe
Follow
  • Twitter
  • Facebook
  • Instagram
Watch
  • New Economy Conversation Series
Listen
  • Stephanomics
Subscribe
  • Turning Points
Follow
  • Twitter
  • Facebook
  • New Economy Forum
Read
  • Science & Energy
  • Climate Adaptation
  • Finance
  • Politics
  • Culture & Design
Special Reports
  • Data Dash
Subscribe
  • Daily newsletter
Follow
  • Twitter
  • Facebook
  • Instagram
Read
  • Design
  • Culture
  • Transportation
  • Economy
  • Environment
  • Housing
  • Justice
  • Government
Subscribe
  • Daily newsletter
Follow
  • Twitter
  • Facebook
  • Instagram
  • LinkedIn
Watch Live TV
  • US
  • Europe
  • Asia
  • Australia
  • Schedule+Shows
Shows
  • Surveillance
  • Daybreak
  • Markets
  • Balance of Power
  • What'd You Miss?
  • Bloomberg Technology
  • All Shows...
Series
  • Next Jobs
  • Hello World
  • Storylines
  • Game Changers
  • Profiles
  • Traveler
  • Journey Through South Korea
  • All Series
Follow
  • QuickTake
  • YouTube
  • Twitter
  • Facebook
Listen
  • What Goes Up
  • Stephanomics
  • Odd Lots
  • Decrypted
  • Masters in Business
  • Surveillance
  • P&L
  • Businessweek
  • The Pay Check
  • Prognosis
  • Travel Genius
  • Works for Me
  • Trillions
  • All Podcasts…
  • All Radio Shows…
Live on Bloomberg TV

CC-Transcript

  • 00:00JOINING US TO DISCUSS FROM CAMBRIDGE, MASSACHUSETTS, AHEAD OF THREAT INTELLIGENCE FOR IBM. THANK YOU FOR JOINING US. TALK TO US ABOUT THE NEW MAINFRAME. YOU ARE WORKING WITH COMPANIES WHO WANT ENCRYPTION. HOW BIG A REVOLUTION IS THIS? >> THIS IS A REALLY BIG DEAL. THIS IS THE LARGEST INNOVATION ON THE Z PLATFORM IN A DECADE. WHAT THIS INVOLVES IS LOOKING AT ENCRYPTION AND HOW WE MAKE IT PERVASIVE. IN THIS PARTICULAR CASE, WE ARE TALKING ABOUT A SYSTEM THAT CAN PROCESS 12 BILLION TRANSACTIONS A DAY. PUT THIS IN PERSPECTIVE, LET'S TAKE SOMETHING LIKE CYBER MONDAY AS AN EXAMPLE. ON CYBER MONDAY, WE SEE MAYBE 30 MILLION TRANSACTIONS GLOBALLY. THIS SINGLE SYSTEM CAN PROCESS UP TO 12 BILLION TRANSACTIONS A DAY. PART OF THE TECHNOLOGY THAT COMES INTO PLAY IS THIS NEW CHIP. ON THIS CHIP, WE HAVE OVER 6.1 BILLION DEVICES. 14.4 MILES OF WIRE. THERE ARE 24 OF THESE IN A SINGLE NEW IBM Z. CAROLINE: HOW DIFFICULT WAS IT TO DO? HOW MUCH R&D AND TIME? 150 COMPANIES OVER TWO YEARS. >> WE WORK WITH A VARIETY OF COMPANIES INCLUDING HIGH MARK HEALTH CARE THAT SERVICES ABOUT 50 MILLION AMERICANS IN THE PITTSBURGH AREA ALONG WITH COMPANIES LIKE ADP. WHAT IS IMPORTANT TO OUR COMPANY BASE IS THEY HAVE A WAY TO ENCRYPT TRAFFIC AND DATA. IF YOU LOOK OVER THE LAST FIVE YEARS, OVER 9 BILLION RECORDS LOST OR STOLEN. ONLY 4% OF THOSE WERE ENCRYPTED. WHY IS THAT THE CASE? HISTORICALLY, IT HAS BEEN TOO EXPENSIVE. I DON'T MEAN EXPENSIVE JUST IN TERMS OF MONEY. EXPENSIVE IN TERMS OF TIME TO ENCRYPT ALL OF THAT DATA. ONE OF THE THINGS THE NEW SYSTEM DOES IS MAKE THE ENCRYPTION EVERYWHERE PERVASIVELY POSSIBLE. CAROLINE: HOW EXPENSIVE IS IT IF I WANT TO UPGRADE TO THE NEW MAINFRAME? >> FOR NEW CUSTOMERS, THIS NEW MAINFRAME COSTS ABOUT $500,000. WHEN WE CONSIDER THE AVERAGE COST OF A DATA BREACH IS ABOUT $3.6 MILLION, THIS IS A GOOD
  • NOW PLAYING

    Why IBM's Latest Mainframes Are a Big Deal

  • 00:22

    Many Dead in Lagos Building Accident

  • 05:13

    What is Financial Self-Care?

  • 04:15

    We Are Short-Term Cautious on Chinese Equities: UBS’s Liu

  • 02:00

    Trump Tweets About Being ‘Immune’ to Covid-19

  • 02:38

    Pay Yourself First

  • 48:26

    'Bloomberg Daybreak: Australia' Full Show (10/12/2020)

  • 08:23

    We Can't Wait For a Vaccine to End COVID-19, Says CFR's Borio

  • 04:28

    Will China Invade Taiwan?

  • 02:13

    PBOC Lowers Risk Reserves Ratio for FX Forwards Trading to Zero

  • 03:15

    GOP, Democrats Spar Over Stimulus

  • 01:04

    Tilapia fish skin heals burns

  • 03:29

    Workers aren't returning to the office

  • 01:00

    5 Topics: Amy Coney Barrett's Hearings

  • 48:11

    'Bloomberg Daybreak: Middle East' Full Show (10/11/2020)

  • 00:55

    Mental Health Awareness Day

Stream Schedule:

U.S. BTV+
  • U.S. BTV+
  • U.S. BTV
  • Europe BTV
  • Asia BTV
  • Australia BTV
  • U.S. Live Event
  • EMEA Live Event
  • Asia Live Event
  • Politics Live Event
No schedule data available.

Why IBM's Latest Mainframes Are a Big Deal

  • Bloomberg Technology

  • TV Shows

July 17th, 2017, 11:22 PM GMT+0000

Caleb Barlow, IBM's vice president of threat intelligence, discusses the new IBM Z mainframes, which let customers automatically encrypt all data and applications running on the mainframes without affecting their performance. He speaks with Bloomberg's Caroline Hyde on "Bloomberg Technology." (Source: Bloomberg)


  • More From Bloomberg Technology

    • 45:51

      'Bloomberg Technology' Full Show (10/09/2020)

    • 05:26

      Total's Investment in Fuel-Cell Startup Hyzon

    • 06:01

      Online Gaming Here to Stay: Super League Gaming CEO

    • 04:03

      How Modern Fertility Makes Family Planning More Accessible

    All episodes and clips
  • Bloomberg Markets

    "Bloomberg Markets" is focused on bringing you the most important global business and breaking markets news and information as it happens.
    More episodes and clips
    • 04:15

      We Are Short-Term Cautious on Chinese Equities: UBS’s Liu

    • 45:51

      'Bloomberg Technology' Full Show (10/09/2020)

    • 01:46:16

      'Bloomberg Markets: The Close' Full Show (10/09/2020)

    • 05:26

      Total's Investment in Fuel-Cell Startup Hyzon

  • QuickTake

    Explaining the world with Bloomberg News
    More episodes and clips
    • 05:32

      Is Jet Biofuel Finally Taking Off?

    • 04:08

      Where Will the Shale Revolution Carry America?

    • 03:43

      How China Made - and Broke - Global Recycling

    • 04:42

      Why Cows, Steel and Cement Pollute So Much (and How to Fix It)

  • The David Rubenstein Show

    The David Rubenstein Show: Peer-to-Peer Conversations" explores successful leadership through the personal and professional choices of the most influential people in business.
    More episodes and clips
    • 24:05

      The David Rubenstein Show: Progressive CEO Tricia Griffith

    • 24:05

      The David Rubenstein Show: IMF Managing Director Kristalina Georgieva

    • 24:05

      The David Rubenstein Show: Alphabet CFO Ruth Porat

    • 24:05

      The David Rubenstein Show: Netflix Co-CEO Reed Hastings

See all shows
Terms of Service Trademarks Privacy Policy ©2020 Bloomberg L.P. All Rights Reserved
Careers Made in NYC Advertise Ad Choices Contact Us Help