When a user encrypts plaintext with PGP, PGP first compresses the plaintext. The session key works with a very secure, fast conventional encryption algorithm to encrypt the plaintext; the result is ciphertext. Once the data is encrypted, the session key is then encrypted to the recipient's public key
https://en.wikipedia.org/wiki/Pretty_Good_Privacy
Pretty Good Privacy (PGP) is an encryption program that provides cryptographic privacy and authentication for data communication. PGP is used for signing, encrypting, and decrypting texts, e-mails, files, directories, and whole disk partitions and to increase the security of e-mail communications.
PGP encryption uses a serial combination of hashing, data compression, symmetric-key cryptography, and finally public-key cryptography; each step uses one of several supported algorithms. Each public key is bound to a username or an e-mail address.
https://en.wikipedia.org/wiki/Public-key_cryptography
Public key encryption uses two different keys. One key is used to encrypt the information and the other is used to decrypt the information. Sometimes this is referred to as asymmetric encryption because two keys are required to make the system and/or process work securely. One key is known as the public key and should be shared by the owner with anyone who will be securely communicating with the key owner. However, the owner's secret key is not to be shared and considered a private key. If the private key is shared with unauthorized recipients, the encryption mechanisms protecting the information must be considered compromised.

The honey trap is a technique where an attacker targets a person online by pretending to be an attractive person and then begins a fake online relationship to obtain confidential information about the target company. In this technique, the victim is an insider who possesses critical information about the target organization.
Baiting is a technique in which attackers offer end users something alluring in exchange for important information such as login details and other sensitive data. This technique relies on the curiosity and greed of the end-users. Attackers perform this technique by leaving a physical device such as a USB flash drive containing malicious files in locations where people can easily find them, such as parking lots, elevators, and bathrooms. This physical device is labeled with a legitimate company's logo, thereby tricking end-users into trusting it and opening it on their systems. Once the victim connects and opens the device, a malicious file downloads. It infects the system and allows the attacker to take control.
For example, an attacker leaves some bait in the form of a USB drive in the elevator with the label "Employee Salary Information 2019" and a legitimate company's logo. Out of curiosity and greed, the victim picks up the device and opens it up on their system, which downloads the bait. Once the bait is downloaded, a piece of malicious software installs on the victim's system, giving the attacker access.