I have to encrypt/decrypt some sensitive information in a Xml file? Yes I can do that by writing my own custom algorithms. I am wondering if there is already a built in way in .NET to do that and also what points I always need to take care..
Here's a couple of functions that use the .NET framework to encrypt and decrypt a string:
public string EncryptString(string plainText)
{
    // Instantiate a new RijndaelManaged object to perform string symmetric encryption
    RijndaelManaged rijndaelCipher = new RijndaelManaged();
    // Set key and IV
    rijndaelCipher.Key = Convert.FromBase64String("ABC");
    rijndaelCipher.IV = Convert.FromBase64String("123");
    // Instantiate a new MemoryStream object to contain the encrypted bytes
    MemoryStream memoryStream = new MemoryStream();
    // Instantiate a new encryptor from our RijndaelManaged object
    ICryptoTransform rijndaelEncryptor = rijndaelCipher.CreateEncryptor();
    // Instantiate a new CryptoStream object to process the data and write it to the 
    // memory stream
    CryptoStream cryptoStream = new CryptoStream(memoryStream, rijndaelEncryptor, CryptoStreamMode.Write);
    // Convert the plainText string into a byte array
    byte[] plainBytes = Encoding.ASCII.GetBytes(plainText);
    // Encrypt the input plaintext string
    cryptoStream.Write(plainBytes, 0, plainBytes.Length);
    // Complete the encryption process
    cryptoStream.FlushFinalBlock();
    // Convert the encrypted data from a MemoryStream to a byte array
    byte[] cipherBytes = memoryStream.ToArray();
    // Close both the MemoryStream and the CryptoStream
    memoryStream.Close();
    cryptoStream.Close();
    // Convert the encrypted byte array to a base64 encoded string
    string cipherText = Convert.ToBase64String(cipherBytes, 0, cipherBytes.Length);
    // Return the encrypted data as a string
    return cipherText;
}
public string DecryptString(string cipherText)
{
    // Instantiate a new RijndaelManaged object to perform string symmetric encryption
    RijndaelManaged rijndaelCipher = new RijndaelManaged();
    // Set key and IV
    rijndaelCipher.Key = Convert.FromBase64String("ABC");
    rijndaelCipher.IV = Convert.FromBase64String("123");
    // Instantiate a new MemoryStream object to contain the encrypted bytes
    MemoryStream memoryStream = new MemoryStream();
    // Instantiate a new encryptor from our RijndaelManaged object
    ICryptoTransform rijndaelDecryptor = rijndaelCipher.CreateDecryptor();
    // Instantiate a new CryptoStream object to process the data and write it to the 
    // memory stream
    CryptoStream cryptoStream = new CryptoStream(memoryStream, rijndaelDecryptor, CryptoStreamMode.Write);
    // Will contain decrypted plaintext
    string plainText = String.Empty;
    try
    {
        // Convert the ciphertext string into a byte array
        byte[] cipherBytes = Convert.FromBase64String(cipherText);
        // Decrypt the input ciphertext string
        cryptoStream.Write(cipherBytes, 0, cipherBytes.Length);
        // Complete the decryption process
        cryptoStream.FlushFinalBlock();
        // Convert the decrypted data from a MemoryStream to a byte array
        byte[] plainBytes = memoryStream.ToArray();
        // Convert the encrypted byte array to a base64 encoded string
        plainText = Encoding.ASCII.GetString(plainBytes, 0, plainBytes.Length);
    }
    finally
    {
        // Close both the MemoryStream and the CryptoStream
        memoryStream.Close();
        cryptoStream.Close();
    }
    // Return the encrypted data as a string
    return plainText;
}
Of course I don't advise hardcoding the key and initialisation vector like this :)
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