Encryption systems are important for protecting sensitive information that is transmitted online, such as credit card numbers, social security numbers, private messages, and company secrets. The document introduces symmetric-key encryption, where both parties have the same secret key, and public-key encryption, which uses a public and private key pair to securely communicate. It describes how secure sockets layer (SSL) is used to encrypt web traffic and ensure sensitive information is protected when browsing or conducting financial transactions online. Hashing algorithms are also introduced as a way to securely generate keys for public-key encryption systems.