This document compares parallel and segmentation methods for image encryption and decryption using matrix multiplication. The parallel method implements encryption by multiplying the original image matrix with a random key matrix, and decryption by multiplying the encrypted matrix with the inverse of the key. Segmentation divides the image into segments, generates a random key for each, and encrypts/decrypts segments individually before recombining. Experimental results on images of sizes 2000x2000 and 4096x4096 show that segmentation provides higher security through multiple keys and is more efficient than parallel processing, achieving speedups of up to 3x.