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Re:Don't Store Passwords, Generate Them When Needed by troels on Monday April 11, 2011 @02:26AM (#2431635)
PGP (http://en.wikipedia.org/wiki/Pretty_Good_Privacy) which GPG uses is the standard *nix tool for encryption.

Depending on your needs, you could also have a look at TrueCrypt (http://www.truecrypt.org/)

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