web3glossaryencryption
Encryption

Summary

Encryption is the process of converting information or data into a code, especially to prevent unauthorized access.

Detailed Description

Encryption transforms readable data (plaintext) into an encoded version (ciphertext) that can only be decoded back into the original data by those with the proper key or password. It is a fundamental technology that protects sensitive data from unauthorized access, ensuring privacy and confidentiality in communications, storage, and transactions.

Category
Security
Synonyms
Ciphering
Secure Coding
Encoding
Cryptography
Data Obfuscation

Impact Details

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Yirifi's stakeholder, regulatory-compliance, and risk-impact analysis for this term.

Secure Online Transactions

Encryption protects credit card information and personal details during online purchases, ensuring safe transactions.

Industries:

E-commerce
Banking

Platforms:

Web applications
Mobile apps
Data Storage Security

Organizations use encryption to safeguard sensitive data stored on servers and devices.

Industries:

Healthcare
Finance

Platforms:

Cloud storage
On-premise servers
Secure Communication

Encryption enables secure communication over the internet, such as emails and messaging applications.

Industries:

Telecommunications
Corporate Communication

Platforms:

Email platforms
Messaging apps
Data Integrity Verification

Encryption can be used to verify that a data message has not been altered during transmission.

Industries:

Information Technology
Cybersecurity

Platforms:

Web services
APIs

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FAQs

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