Asymmetric or Symmetric Encryption Essay Example | Topics and Well Written Essays - 500 words

Asymmetric or Symmetric Encryption - Essay Example Unprotected data could be accessed unscrupulously to fetch devastating consequences for any organization. Protection of data is mediated by various algorithms meant to encrypt the information (Symmetric and asymmetric cryptography overview). Asymmetric encryption or public key encryption involves two set of keys one is public key for encryption and another key for decryption, a private key. On the other hand symmetric encryption encompass a secret key that is applicable to encrypt plus to decrypt the information. It is a private single key common to both the receiver and the sender to decipher the information. It is essential that the key is kept covertly and sturdily and should be shared between two parties only. It gains convenience over asymmetric encryption process because of its ease and rapidity in operation but becomes cumbersome if the key is to be shared between more than two parties. Public key can be utilized by individuals as well as for business, where the trader seizes the private key and all the clients have access to the public key, as exploited by Lotus and Microsoft (Conventional versus Key Exchange Encryption).