as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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describe a situation in which cryptography could be applied to ensure data security.
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cryptography could be applied to ensure data security when data needs to be sent over the internet, for example when a file containing confidential information needs to be shared between two parties. in this situation, encryption protocols can be used to scramble the data so that only the original sender and receiver of the data can read it. this ensures that even if data is intercepted in transit, it will remain secure and inaccessible for anyone else.
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