128-bit and 256-bit encryption refer to the length of the cryptographic keys used in symmetric encryption algorithms. A key is a sequence of bits that alters the original message to create an encrypted version, and the number of bits in the key determines the number of possible combinations for encryption. For example, a 128-bit key has 2^128 possible combinations, while a 256-bit key has 2^256 combinations, making it significantly more secure. Symmetric ciphers, such as AES-128 and AES-256, require both the sender and receiver to have the same key, while asymmetric cryptography uses a pair of keys (public and private) for secure communication. The strength of encryption increases with key length, as longer keys exponentially increase the difficulty of brute-force attacks. AES is recognized as a modern standard for encryption, and understanding these concepts is crucial for grasping the security aspects of IT.