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Why is it important that PGP technology is one of two standards recommended by the National Institute of Standards & Technology (NIST)?

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Why is it important that PGP technology is one of two standards recommended by the National Institute of Standards & Technology (NIST)?

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There are two message encryption standards recommended by NIST: S/MIME and OpenPGP. When PGP technology was first introduced more than a decade ago, it proved so easy for users to exchange keys and encrypt mail that adoption spread rapidly. The popularity of both OpenPGP and S/MIME prevented NIST from recommending only one standard for encryption. As the creator of OpenPGP, PGP Corporation is in a unique position to develop solutions based on a recognized and widely used message encryption standard. In recognition of the large S/MIME user base, PGP products support that standard as well.

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