Código de cifrado / descifrado de contraseña en .NET

Solución:

Aquí tienes. Lo encontré en algún lugar de Internet. Funciona bien para mi.

    /// <summary>
    /// Encrypts a given password and returns the encrypted data
    /// as a base64 string.
    /// </summary>
    /// <param name="plainText">An unencrypted string that needs
    /// to be secured.</param>
    /// <returns>A base64 encoded string that represents the encrypted
    /// binary data.
    /// </returns>
    /// <remarks>This solution is not really secure as we are
    /// keeping strings in memory. If runtime protection is essential,
    /// <see cref="SecureString"/> should be used.</remarks>
    /// <exception cref="ArgumentNullException">If <paramref name="plainText"/>
    /// is a null reference.</exception>
    public string Encrypt(string plainText)
    {
        if (plainText == null) throw new ArgumentNullException("plainText");

        //encrypt data
        var data = Encoding.Unicode.GetBytes(plainText);
        byte[] encrypted = ProtectedData.Protect(data, null, Scope);

        //return as base64 string
        return Convert.ToBase64String(encrypted);
    }

    /// <summary>
    /// Decrypts a given string.
    /// </summary>
    /// <param name="cipher">A base64 encoded string that was created
    /// through the <see cref="Encrypt(string)"/> or
    /// <see cref="Encrypt(SecureString)"/> extension methods.</param>
    /// <returns>The decrypted string.</returns>
    /// <remarks>Keep in mind that the decrypted string remains in memory
    /// and makes your application vulnerable per se. If runtime protection
    /// is essential, <see cref="SecureString"/> should be used.</remarks>
    /// <exception cref="ArgumentNullException">If <paramref name="cipher"/>
    /// is a null reference.</exception>
    public string Decrypt(string cipher)
    {
        if (cipher == null) throw new ArgumentNullException("cipher");

        //parse base64 string
        byte[] data = Convert.FromBase64String(cipher);

        //decrypt data
        byte[] decrypted = ProtectedData.Unprotect(data, null, Scope);
        return Encoding.Unicode.GetString(decrypted);
    }

EDITAR: esta es una respuesta muy antigua. SHA1 quedó obsoleto en 2011 y ahora se ha roto en la práctica. https://shattered.io/ Utilice un estándar más nuevo en su lugar (por ejemplo, SHA256, SHA512, etc.).

Si su respuesta a la pregunta de mi comentario es “No”, esto es lo que uso:

    public static byte[] HashPassword(string password)
    {
        var provider = new SHA1CryptoServiceProvider();
        var encoding = new UnicodeEncoding();
        return provider.ComputeHash(encoding.GetBytes(password));
    }

Yo uso RC2CryptoServiceProvider.

    public static string EncryptText(string openText)
    {
        RC2CryptoServiceProvider rc2CSP = new RC2CryptoServiceProvider();
        ICryptoTransform encryptor = rc2CSP.CreateEncryptor(Convert.FromBase64String(c_key), Convert.FromBase64String(c_iv));
        using (MemoryStream msEncrypt = new MemoryStream())
        {
            using (CryptoStream csEncrypt = new CryptoStream(msEncrypt, encryptor, CryptoStreamMode.Write))
            {
                byte[] toEncrypt = Encoding.Unicode.GetBytes(openText);

                csEncrypt.Write(toEncrypt, 0, toEncrypt.Length);
                csEncrypt.FlushFinalBlock();

                byte[] encrypted = msEncrypt.ToArray();

                return Convert.ToBase64String(encrypted);
            }
        }
    }

    public static string DecryptText(string encryptedText)
    {
        RC2CryptoServiceProvider rc2CSP = new RC2CryptoServiceProvider();
        ICryptoTransform decryptor = rc2CSP.CreateDecryptor(Convert.FromBase64String(c_key), Convert.FromBase64String(c_iv));
        using (MemoryStream msDecrypt = new MemoryStream(Convert.FromBase64String(encryptedText)))
        {
            using (CryptoStream csDecrypt = new CryptoStream(msDecrypt, decryptor, CryptoStreamMode.Read))
            {
                List<Byte> bytes = new List<byte>();
                int b;
                do
                {
                    b = csDecrypt.ReadByte();
                    if (b != -1)
                    {
                        bytes.Add(Convert.ToByte(b));
                    }

                }
                while (b != -1);

                return Encoding.Unicode.GetString(bytes.ToArray());
            }
        }
    }

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