Data encryption is increasingly vital in modern banking to safeguard sensitive information and enhance operational efficiency. This study examines the impact of data encryption practices-Data Security (DS), Access Efficiency (AE), and Encryption Training (ET)-on Employee Efficiency (EmpEff) within Deposit Money Banks (DMBs) in Nigeria’s Federal Capital Territory, Abuja. Guided by the Technology Acceptance Model (TAM), which emphasizes perceived usefulness and ease of use, the study utilizes a cross-sectional survey research design. Data was collected from 519 employees across selected DMB branches, with multiple regression analysis employed to evaluate the relationships among the variables. Results reveal that DS and ET significantly and positively influence EmpEff, while AE does not show a statistically significant effect. Specifically, DS and ET explain 80.4% of the variance in EmpEff, underscoring the importance of robust security measures and targeted training in promoting employee productivity. These findings indicate that while data encryption practices can substantially boost efficiency, access efficiency requires a more integrated approach for optimal results. The study recommends that DMBs invest in encryption training and enhanced security frameworks to maximize employee efficiency, thereby fostering secure and productive banking operations.
Keywords: Data Encryption, Operational Efficiency, access efficiency, data security, employee efficiency, encryption training
