Encryption

Importance: 0.43

Is a company: no

Is a proper noun: no

Synonyms

  • illegible
  • ciphertext
  • cypher
  • write in code
  • encipher

Definition of Encryption

  1. A method used to ensure the privacy and security of a customer's personal and financial information when using banking services over the Internet. Encryption scrambles the data that is being sent, so only the intended receiver can read the information. To be effective, encryption must be used by both the sender and receiver. Consumers should ensure encryption is being used before sending sensitive information over the Internet. CanEquity uses a encrypted server for all of our online applications.

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