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I would strike:
"Safe harbor" for encrypted data
Encrypted date does not mean the data is safe for several reasons.
1) Company could be using weak (easily breakable) keys
2) Company could be using non-standard encrpytion algorithms
3) Company could be using wrong modes of encrpytion
4) Company encryption keys could have been compromised
5) Encrypted data could be stored in such a way that certain attacks have a much higher success rate, decreasing the potential key-space