What is the difference between encryption and tokenization?

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Encryption is the process of using an algorithm to transform?plaintext?information into a non-readable form called?ciphertext. In simpler terms, encryption takes readable data and alters it so that it appears random. Encryption helps protect the confidentiality of digital data either stored on computer systems or transmitted through a network such as the Internet. When the intended recipient accesses the message, the information is translated back to its original form, in a process called?decryption. To unlock the message, both the sender and the recipient must use a secret encryption key — a collection of algorithms that scramble and unscramble data back to a readable format.

Table of Contents

• Symmetric and asymmetric encryption: What is the difference?
• What is Tokenization?
• How data Tokenization works
• Encryption vs Tokenization
• What should your business use: Tokenization or Encryption?
• When to consider Encryption
• Encryption Advisory Services