PGP (Pretty Good Privacy) is a software program that provides data encryption and decryption to secure emails and files. It uses public key infrastructure (PKI) and encryption algorithms like RSA and Diffie-Hellman to encrypt data. PGP allows users to have multiple public/private key pairs to encrypt and digitally sign messages and files. It generates random session keys to encrypt data symmetrically and includes the encrypted session key with the encrypted message. This allows the recipient to decrypt the session key and then the message content. PGP is widely used due to its availability across platforms, use of secure algorithms, and applicability for both personal and business use.