1. What is Symmetric Encryption?
Symmetric encryption protects the single private key that is generated upon the initial exchange between parties—the digital handshake, if you will. This secret key must be passed from one party to another for all parties involved to encrypt and decrypt the information that was exchanged. This secret key can be in the form of a password, or it can be a series of random numbers or letters generated by a random number generator (RNG).
2. What is Asymmetric Encryption?
Asymmetric encryption is fairly new, and you may know it better as “public key cryptography.” Asymmetric encryption uses two keys, one public and one private. The public key encrypts and the private key decrypts.
It allows you to create a public key for the party who is reporting to you, so that they may encrypt their incoming information, after which you will be able to decrypt the information with a private key.
Learn more about machine identity security, and how it can benefit your organization!