The title is funny, they even intentionally put "military grade" in there to make the sarcasm even more apparent. This is different from click bait, which I see as an intentional dark pattern.
I think it would be a far better headline if "military grade AES-1024" were put in scare quotes. Otherwise it just looks like clickbait and presumably keeps a lot of people from ever clicking on it.
I agree it is a click bait because I also thought - "huh AES-1024, military grade, let's see what it is" and only after clicking - "aww yeah military grade was just pouring gas over the joke"