diff --git a/bank_integration/banks/banking_app/app/config/config/secrets.py b/bank_integration/banks/banking_app/app/config/config/secrets.py
index 3d37b3ece..dfa074fdf 100644
--- a/bank_integration/banks/banking_app/app/config/config/secrets.py
+++ b/bank_integration/banks/banking_app/app/config/config/secrets.py
@@ -1,10 +1,33 @@
 import os
+import base64
+from cryptography.fernet import Fernet
+from cryptography.hazmat.primitives import hashes
+from cryptography.hazmat.primitives.kdf.pbkdf2 import PBKDF2HMAC
+import binascii
 
 class Secrets:
     def __init__(self):
         self.secret_key = os.environ.get("SECRET_KEY")
         self.jwt_secret_key = os.environ.get("JWT_SECRET_KEY")
         self.database_url = os.environ.get("DATABASE_URL")
+        self.fernet_key = self.generate_fernet_key()
+        self.kdf = self.generate_kdf()
+
+    def generate_fernet_key(self):
+        # Generate a Fernet key
+        return Fernet.generate_key()
+
+    def generate_kdf(self):
+        # Generate a PBKDF2HMAC key derivation function
+        password = os.environ.get("KDF_PASSWORD").encode()
+        salt = os.environ.get("KDF_SALT").encode()
+        kdf = PBKDF2HMAC(
+            algorithm=hashes.SHA256(),
+            length=32,
+            salt=salt,
+            iterations=100000,
+        )
+        return kdf
 
     def get_secret_key(self):
         return self.secret_key
@@ -14,3 +37,53 @@ def get_jwt_secret_key(self):
 
     def get_database_url(self):
         return self.database_url
+
+    def encrypt_data(self, data):
+        # Encrypt data using Fernet
+        fernet = Fernet(self.fernet_key)
+        encrypted_data = fernet.encrypt(data.encode())
+        return encrypted_data
+
+    def decrypt_data(self, encrypted_data):
+        # Decrypt data using Fernet
+        fernet = Fernet(self.fernet_key)
+        decrypted_data = fernet.decrypt(encrypted_data).decode()
+        return decrypted_data
+
+    def derive_key(self, password):
+        # Derive a key using PBKDF2HMAC
+        derived_key = self.kdf.derive(password.encode())
+        return binascii.hexlify(derived_key).decode()
+
+    def hash_password(self, password):
+        # Hash a password using PBKDF2HMAC
+        hashed_password = self.kdf.derive(password.encode())
+        return binascii.hexlify(hashed_password).decode()
+
+    def verify_password(self, password, hashed_password):
+        # Verify a password using PBKDF2HMAC
+        derived_key = self.kdf.derive(password.encode())
+        return binascii.hexlify(derived_key).decode() == hashed_password
+
+# Example usage:
+secrets = Secrets()
+
+# Encrypt data
+encrypted_data = secrets.encrypt_data("Hello, World!")
+print(encrypted_data)
+
+# Decrypt data
+decrypted_data = secrets.decrypt_data(encrypted_data)
+print(decrypted_data)
+
+# Derive a key
+derived_key = secrets.derive_key("mysecretpassword")
+print(derived_key)
+
+# Hash a password
+hashed_password = secrets.hash_password("mysecretpassword")
+print(hashed_password)
+
+# Verify a password
+is_valid = secrets.verify_password("mysecretpassword", hashed_password)
+print(is_valid)