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Please answer the following questions a) What is Encryption in accounting information system and what are the...

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Accounting

Please answer the following questions

a) What is Encryption in accounting information systemand what are the steps in the encryption and decryptionprocess?

b) What are the factors that influnces encryptionstrength?

c) What types of encryption systems and the advantagesand disadvantages , risks and their primay uses in informationsystems?

d) How does hashing, digital signatures, and virtualprivate networks process in encryption?

Answer & Explanation Solved by verified expert
4.5 Ratings (712 Votes)
a ENCRYPTIONEncryption is a simple concept to graspEssentially its a way that you can encode a piece of informationso only the intended recipient can access it The information isscrambled using a cipher such as AES and a key is shared betweenparties that allows the recipient to decrypt itSteps in the encryption and decryption processPrivate KeySymmetric EncryptionSymmetric encryption uses the same key to encrypt and decrypt thedata That means the encryption key is shared between partiesbefore the data is encrypted or decrypted Symmetric encryptionwould be like having a safe where you store your data You andanybody else that could access that data would need thecombination to open the safeThis encryption is mainly used to protect data atrest A goodexample of this is cloud storage where encryption happens whilethe data is still stored and only decrypted when accessed by anauthorized user refer image 1The basic process works like this A user requests access toencrypted data The storage container sends back an encryption keyto the key manager The key manager verifies the legitimacy of eachparty then opens a secure connection between themNow that the secure connection is opened the encryption key isshared between parties After thats done the    See Answer
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