FAQ: How good is eWallet's encryption?
eWallet uses the secure 256-bit Advanced Encryption Standard (AES) for encrypting information in your wallet. This is the same encryption method that many government organizations require to protect their data. On specific platforms, eWallet's AES encryption is also FIPS (Federal Information Processing Standard) compliant:FIPS Certification, Windows
Ilium Software eWallet 6 and 7 are FIPS compliant on the Microsoft Windows XP, Windows Vista, Windows 7, Windows Mobile 5.0 and Windows Mobile 6.0 platforms where it uses Microsoft cryptographic libraries that have received certificates and been validated as conforming to the Advanced Encryption Standard (AES) Algorithm, as specified in Federal Information Processing Standard Publication 197, Advanced Encryption Standard. Please see the Advanced Encryption Standard Algorithm Validation List for more information.
Product: Windows 8 (Desktop)
Product: Windows 7
The key used to encrypt your information is generated from your password. eWallet does not store your password in your wallet file, or anywhere on your mobile device or your PC. There is also information is this article about storing cloud wallet (.cwlt) files on Dropbox.