In an example embodiment, executable files are individually encrypted utilizing a symmetric cryptographic key. For each user to be given access to the obfuscated file, the symmetric cryptographic key is encrypted utilizing a public key of a respective public/private key pair. A different public key/private key pair is utilized for each user. Obfuscated files are formed comprising the encrypted executable files and a respective encrypted symmetric cryptographic key. The private keys of the public/private key pairs are stored on respective smart cards. The smart cards are distributed to the users. When a user wants to invoke the functionality of an obfuscated file, the user provides the private key via his/her smart card. The private key is retrieved and is utilized to decrypt the appropriate portion of the obfuscated file. The symmetric cryptographic key obtained therefrom is utilized to decrypt the encrypted executable file.