Symmetric key storage

Question

My company is going to be storing sensitive data for our customers, and will be encrypting data using one of the managed .NET encryption algorithm classes. Most of the work is d

Answer 1

Use a hard-coded key to encrypt the generated key before writing it out. Then you can write it anywhere.

Yes you can find the hard-coded key, but so long as you're assuming it's OK to store a symmetric key anywhere, it's not less secure.