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Which of the following describes the system responsible for storing private encryption/decryption files with a third party to ensure these files are stored safely?
Correct Answer: A
Key escrow is the system responsible for storing private encryption/decryption files with a third party to ensure these files are stored safely. Key escrow is an arrangement in which the keys needed to decrypt encrypted data are held in escrow by a trusted third party that can release them under certain conditions. Key escrow can be useful for backup or recovery purposes, or for complying with legal or regulatory requirements that may demand access to encrypted data. B) TPM is not the system responsible for storing private encryption/decryption files with a third party to ensure these files are stored safely. TPM stands for Trusted Platform Module, which is a hardware device that provides secure storage and generation of cryptographic keys on a computer. TPM does not involve any third party or escrow service. C) Trust models are not the system responsible for storing private encryption/decryption files with a third party to ensure these files are stored safely. Trust models are frameworks that define how entities can establish and maintain trust relationships in a network or system. Trust models do not necessarily involve any third party or escrow service. D) Code signing is not the system responsible for storing private encryption/decryption files with a third party to ensure these files are stored safely. Code signing is a process of using digital signatures to verify the authenticity and integrity of software code. Code signing does not involve any third party or escrow service.