Advanced Encryption Standard
AES
The Advanced Encryption Standard (AES), also known by its original name Rijndael, is a specification for the encryption of electronic data established by the U.S. National Institute of Standards and Technology (NIST) in 2001.
AES is a subset of the Rijndael cipher developed by two Belgian cryptographers, Vincent Rijmen and Joan Daemen, who submitted a proposal to NIST during the AES selection process. Rijndael is a family of ciphers with different key and block sizes.
For AES, NIST selected three members of the Rijndael family, each with a block size of 128 bits, but three different key lengths: 128, 192 and 256 bits.
AES has been adopted by the U.S. government and is now used worldwide. It supersedes the Data Encryption Standard (DES), which was published in 1977. The algorithm described by AES is a symmetric-key algorithm, meaning the same key is used for both encrypting and decrypting the data.
In the United States, AES was announced by the NIST as U.S. FIPS PUB 197 (FIPS 197) on November 26, 2001. This announcement followed a five-year standardization process in which fifteen competing designs were presented and evaluated, before the Rijndael cipher was selected as the most suitable (see Advanced Encryption Standard process for more details).
AES became effective as a federal government standard on May 26, 2002, after approval by the Secretary of Commerce. AES is included in the ISO/IEC 18033-3 standard. AES is available in many different encryption packages, and is the first (and only) publicly accessible cipher approved by the National Security Agency (NSA) for top secret information when used in an NSA approved cryptographic module.
For more information, check the AES wiki page, this awesome animation made by Enrique Zabala (University ORT / Montevideo / Uruguay) or the official documentation.