The "encryption" buzzword is worthless without details. And I wonder if they'll stand behind their product if their crypto flavor of choice is broken and needs to be changed. Otherwise that's an expensive brick of swiss cheese.
One reason for industry standards is that they distribute risk across the whole industry. So if NIST crypto is broken the entire industry goes down together; one company wouldn't have a competitive disadvantage.
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The "encryption" buzzword is worthless without details. And I wonder if they'll stand behind their product if their crypto flavor of choice is broken and needs to be changed. Otherwise that's an expensive brick of swiss cheese.
http://www-03.ibm.com/systems/z/advantages/security/zec12cry... (previous generation) http://www-03.ibm.com/security/cryptocards/
One reason for industry standards is that they distribute risk across the whole industry. So if NIST crypto is broken the entire industry goes down together; one company wouldn't have a competitive disadvantage.