WhatsApp has rolled out its end-to-end encryption (E2EE) for chat backups, which greatly improves the privacy and the security of your data.
With E2EE enabled for your backups, neither WhatsApp nor Google or Apple will be able to access your data and encryption keys.
The hardware security module (HSM) backup key vault, that allows for this layer of protection, is responsible for running verifications; and locking out threats when there are too many unsuccessful attempts to access said data.
The E2EE backup service will be coming to iOS and Android devices in the coming weeks.