ABC Institute of Research has sensitive information that needs to be protected from its rivals

Case Study: ABC Institute of Research has sensitive information that needs to be protected from its rivals. The Institute has collaborated with XYZ Inc. to research genetics. The information must be kept top secret at any cost. At ABC Institute, the researchers are unsure about the type of key (asymmetric or symmetric) to use. Please formulate a possible solution, and describe the advantages and disadvantages of any solution employed