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Advanced Encryption Standard (AES) is the currently defined standard for encryption of digital data. Since 2005, sensitive and confidential data is encrypted via a special algorithm which so far has not been able to be attacked. This method fulfils the highest level of confidentiality, so that even governmental documents can be secured with this method.

Term-Nr.: 328

German: Verschlüsselung nach AES (840)

Source: Fintech-Hub m. e. E., 29.05.2019

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

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