Why is the public-key method of encryption crucial for online financial transactions?

Q: Why should a company prefer proprietary encryption methods over open-standard cryptography?

A: In today's digital age, data security is a top priority for companies. One way that companies can…

Q: Explain the process of "key exchange" in public key cryptography and its importance in secure…

A: "Key exchange" is a fundamental concept in public key cryptography that enables two parties to…

Q: Describe the process of digital signatures in public key cryptography and its applications.

A: Digital signatures are a vital part of public key cryptography.They involve using a private key to…

Q: List ways in which secret keys can be distributed to two communicating parties.

A: Secret key distribution for two communicating parties A and B can be done in a variety of ways,…

Q: How does the process of encryption key management impact the security of encrypted data?

A: Managing encryption keys is part of ensuring data security.It plays a role in protecting encrypted…

Q: Why do you believe encryption is still the best method for preventing the loss of sensitive data?

A: Yes encryption is still one of the best method to prevent the loss of the sensitive data or…

Q: Why should a company prefer proprietary encryption methods over open-standard cryptography?

A: Proprietary encryption methods are developed and controlled by a single entity, such as a company,…

Q: Explain the limitations and potential vulnerabilities of public key encryption systems.

A: Public key encryption, commonly referred to as asymmetric encryption, is a cryptographic technique…

Q: In what way does encryption ensure that data is not lost?

A: Encryption is essential for preventing unauthorized access to data and preserving its secrecy.…

Q: How does the use of keys affect the encryption and decryption process?

A: The use of keys is a fundamental aspect of encryption and decryption processes, playing a critical…

Q: As opposed to open-standard cryptography, why would a company promote the usage of proprietary…

A: Definition: Proprietary cryptography is described as "proprietary encryption techniques kept secret…

Q: Why is data encryption important for your company or organisation?

A: Intro Encryption may aid in the storage of data and information given by the user. This might…

Q: Why is the public-key encryption technique so essential for online commerce?

A: E-commerce  E-commerce (online commerce) is the trading of labor and products, or the sending of…

Q: How does encryption contribute to data security in online transactions?

A: In today's digital world, we buy things online, do online banking, and share personal information on…

Q: Explain the concept of end-to-end encryption and how it enhances data security in communication.

A: End to end encryption plays a role in ensuring data security and communication.It is a technique…

Q: When it comes to doing business online, why is the use of public-key encryption so pivotal?

A: Introduction: Encryption that makes use of the crucial public key method in electronic commerce For…

Q: Explain the fundamental principles of encryption and decryption. How does encryption help in…

A: Encryption and decryption are fundamental processes in information security that play a crucial role…

Q: the public-key method so important in electronic commerce

A: ENCRYPTION THAT USES THE PUBLIC KEY METHOD SO IMPORTANT IN ELECTRONIC COMMERCE -  Public key…

Cryptography

Cryptography is a term used in computer science to describe secure information and communication techniques that transform messages in difficult-to-decipher ways using mathematical concepts and a set of rule-based calculations known as algorithms.