If you are still using a decade old WinRAR to handle your compressed files you should really ask yourself why? If you aren’t, good for you. PeaZip is new modern ZIP utility with a slick UI for Windows and Linux.
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In Windows 7, you can easily send files and folders to Compressed (zip) folder to generate the industry standard compressed file in Zip format and secure them by Encrypting them in EFS format but frankly it’s not quite practical to