Cryptography's Role in Data Security Discussed by Experts

According to Foresight News, Professor Ian Miers, an expert in security and applied cryptography, recently shared insights on Twitter regarding the role of cryptography in data security. Miers emphasized that cryptography is a subset of the security field rather than a theoretical branch. He cautioned against the centralized storage of highly sensitive data, even when using advanced cryptographic techniques like MPC (Multi-Party Computation) or FHE (Fully Homomorphic Encryption), citing examples such as global AML (Anti-Money Laundering) KYC (Know Your Customer) processes or content moderation strategies. Vitalik Buterin, a prominent figure in the cryptocurrency community, responded to Miers' comments by highlighting that content itself is often in plaintext source: https://www.binance.com/en/square/post/31741553618714?utm_source=BinanceNewsRSS