For this project you will solve the problem presented using Figure 7.17 located in our text and write a 2-3 page report that includes the following:2-3 pages of content minimum (does not include cover, abstract or references pages)Paper must conform to full APA guidelines to include a cover page, abstract, headers, introduction, body paragraphs with appropriate headings/subheadings, conclusion, and a reference page.All sources must be cited and references. Remember, unless the statement is common knowledge, you must cite and reference your sources.You must use at least one peer-reviewed sourceEnsure you follow academic integrity policies.Problem: You want to build a hardware device to do block encryption in the cipher block chaining (CBC) mode using an algorithm stronger than DES. 3DES is a good candidate. Figure 7.17 shows two possibilities, both of which follow from the definition of CBC. Which of the two would you choose and why:For security?For performance?You must fully explain your justification and reasoning.