What is the difference between encryption and tokenization?
An example of an AI chatbot conversation about encryption and tokenization differences.
What is the difference between encryption and tokenization?
Encryption transforms data into a secure format, while tokenization replaces sensitive data with non-sensitive tokens.
Can you give me an example of when to use each?
Use encryption for securing data at rest, like files on a server. Use tokenization for payment processing to protect card details.
Are there any security risks associated with either method?
Yes, encryption can be vulnerable if keys are compromised, while tokenization relies on the security of the tokenization system.
Which method is more commonly used in industries?
Both are widely used; encryption is common in data storage, while tokenization is prevalent in payment processing.
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