The economic impacts of NIST's Data Encryption Standard (DES) program

The electronic transactions occurring routinely today in businesses and households have their
basis in technological developments of just a few decades ago. These include vastly improved
computing power, increased accessibility to communications through the development of the Internet
and World Wide Web, and the implementation of "behind the scenes" technologies that assure the
privacy and security of these various transactions. Encryption algorithms and methods are among those
technologies that are less apparent to casual or business users, but are central to virtually every funds
transfer, business-to-business data transfer or internal company data input and output today. This report
examines the evolution and economic significance of NIST's Data Encryption Standard (DES)
Program. DES was developed by the National Institute of Standards and Technology (NIST, formerly
the National Bureau of Standards, NBS) for protecting sensitive, unclassified government information
and has become a standard for much of industry in the United States and across the world.

Download(s):

URL (National Institute of Standards & Technology)

Keywords:

Cryptographic algorithm, Data encryption standard (DES), Electronic transactions, Encryption algorithm

Additional information:

Language(s):English
AuthorsLeech, David P., Chinworth, Michael W.
Publisher:National Institute of Standards and Technology, USA
Keywords:Cryptographic algorithm, Data encryption standard (DES), Electronic transactions, Encryption algorithm
Last update:2001