I think encryption would be a useful tag. There are currently 125 candidate questions for such a tag. (Thank you @Mat'sMug for the improved search.)
It was pointed out that we already have a cryptography tag, but encryption is just a subset of crytography; along with hashing. SO has a tag for it as well. I'm of the opinion that more specific tags lead to better categorization. One may want to follow questions about encryption, but not hashing and vice versa.
Quote from a relevant discussion on Meta SE:
The difference between cryptography and encryption on the other hand
is entirely practical. Most questions that have to do only with
encryption are correctly tagged with encryption and most questions
that have to do with anything else are tagged cryptography. That's
useful to me and both have enough followers to merit a split.