Calculating the Benefits of the Advanced Encryption Standard
Schneier on Security
OCTOBER 22, 2019
It released a study of the economic impact of DES in 2001. Looking at the present value of benefits and costs from 2017's perspective for these economic sectors finds that the present value of benefits rises to approximately $251 billion while the present value of NIST's costs from today's perspective remains the same at $127 million.
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