Definition
Key Management is the process of creating, storing, distributing, rotating and retiring cryptographic keys used to protect data.
Human Explanation
Secure Encryption depends not only on algorithms but primarily on correct management of the keys.
Why it Matters
Lost or disclosed cryptographic keys may completely undermine even the strongest Encryption mechanisms.
Conceptual Boundary
Key Management is not part of the Encryption operation itself. It is a separate process responsible for the complete lifecycle of cryptographic keys.
Practical Perspective
Protecting cryptographic keys is as important as protecting the data itself.