Economic Impact of AES


The National Institute of Standards and Technology (NIST) is a non-regulatory agency of the Department of Commerce that has the responsibility to promote U.S. innovation and industrial competitiveness by advancing measurement science, standards, and technology in ways that enhance economic security and improve quality of life in the United States.  A 2001 NIST report evaluated the state of data encryption standards at the time, presenting market barriers and substitutes, and quantifying economic benefits.

NIST is interested in the current economic benefit of the state of the art of the Advanced Encryption Standard (AES).  The study shall review and analyze the need for a strong and common block cipher encryption algorithm and the role NIST has played in addressing this need through the development of AES.  The S2ERC will:

  • Provide background on current state of encryption technologies;
  • Identify the factors/inputs/measurements that can be used to quantify the impact of AES;
  • Provide guidance for the development of a survey instrument;
  • Identify and facilitate meetings with industry experts to participate in the survey; and
  • Provide statistical support during analysis of survey data.