how important is cryptography?
Mathematics

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How many of you are familiar with Morse code ? Thoughts?
Are there others types of codes that you have personally used? If so, which ones?
How important is cryptography in the 21^{st} century?
Cryptography prior to the modern age was effectively synonymous with encryption, the conversion of information from a readable state to apparent nonsense. The originator of an encrypted message shared the decoding technique needed to recover the original information only with intended recipients, thereby precluding unwanted persons to do the same. Since World War I and the advent of the computer, the methods used to carry out cryptology have become increasingly complex and its application more widespread.
Modern cryptography is heavily based on mathematical theory and computer science practice; cryptographic algorithms are designed around computational hardness assumptions, making such algorithms hard to break in practice by any adversary. It is theoretically possible to break such a system, but it is infeasible to do so by any known practical means. These schemes are therefore termed computationally secure; theoretical advances, e.g., improvements in integer factorization algorithms, and faster computing technology require these solutions to be continually adapted. There exist informationtheoretically secure schemes that provably cannot be broken even with unlimited computing power—an example is the onetime pad—but these schemes are more difficult to implement than the best theoretically breakable but computationally secure mechanisms.
http://en.wikipedia.org/wiki/Cryptography
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