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Explain the importance of encryption for financial institutions in safeguarding sensitive information, both in storage and during transit. Discuss how encryption helps mitigate the risks
Explain the importance of encryption for financial institutions in safeguarding sensitive information, both in storage and during transit. Discuss how encryption helps mitigate the risks of disclosure or alteration of data. Provide examples of encryption techniques commonly used in the financial sector and elaborate on their effectiveness in addressing security concerns."?
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