Final answer:
The statement is false; symmetric encryption uses the same key for both encrypting and decrypting data, unlike asymmetric encryption which uses a pair of public and private keys.
Step-by-step explanation:
The statement is false. In symmetric encryption, the same key is used both for encrypting and decrypting the data. This private key must be kept secret and be shared only with the sender and the receiver of the encrypted information. On the contrary, in asymmetric encryption, which is also known as public-key cryptography, a pair of keys are used: the public key is used to encrypt data, and a different but related private key is used to decrypt.