Final answer:
The statement about asymmetric encryption is true. It describes the correct process where information is encrypted with the receiver's public key and decrypted with their private key, ensuring secure communication.
Step-by-step explanation:
The statement "With asymmetric encryption, information is encrypted by the sender with the receiver's public key, and the information is decrypted by the receiver with the private key" is true. Asymmetric encryption, also known as public-key cryptography, involves a pair of keys: a public key and a private key. The public key is shared with anyone who needs to encrypt information for the key owner, while the private key is kept secret and is used to decrypt the information received.
When someone wants to send secure information to the key owner, they encrypt the data using the receiver's public key. Once encrypted, the information cannot be decrypted by anyone except the holder of the corresponding private key, which in this case, is the receiver. This ensures that even if the encrypted data is intercepted, it remains secure and unintelligible to unauthorized parties. Asymmetric encryption is widely used in various security protocols on the internet, including SSL/TLS for secure web browsing, and for secure email communications through protocols like PGP (Pretty Good Privacy). It's an essential tool for maintaining data confidentiality and integrity in digital communications.