Triple DES was designed to replace the original Data Encryption Standard (DES) algorithm, which hackers eventually learned to defeat with relative ease. At one time, Triple DES was the recommended standard and the most widely used symmetric algorithm in the industry.
Triple DES uses three individual keys with 56 bits each. The total key length adds up to 168 bits, but experts would argue that 112-bits in key strength is more like it.
Despite slowly being phased out, Triple DES still manages to make a dependable hardware encryption solution for financial services and other industries.
2. RSA
RSA is a public-key encryption algorithm and the standard for encrypting data sent over the internet. It also happens to be one of the …show more content…
Meanwhile, vendors have taken full advantage of its free availability in the public domain.
Blowfish can be found in software categories ranging from e-commerce platforms for securing payments to password management tools, where it used to protect passwords. It’s definitely one of the more flexible encryption methods available.
4. Twofish
Computer security expert Bruce Schneier is the mastermind behind Blowfish and its successor Twofish. Keys used in this algorithm may be up to 256 bits in length and as a symmetric technique, only one key is needed.
Twofish is regarded as one of the fastest of its kind, and ideal for use in both hardware and software environments. Like Blowfish, Twofish is freely available to anyone who wants to use it. As a result, you’ll find it bundled in encryption programs such as PhotoEncrypt, GPG, and the popular open source software TrueCrypt.
5. AES
The Advanced Encryption Standard (AES) is the algorithm trusted as the standard by the U.S. Government and numerous organizations.
Although it is extremely efficient in 128-bit form, AES also uses keys of 192 and 256 bits for heavy duty encryption