The four-wing memristive chaotic system used in synchronization is applied to secure communication which can increase the difficulty of deciphering effectively and enhance the security of information. In this paper, a novel four-wing memristive chaotic system with an active cubic flux-controlled memristor is proposed based on a Lorenz-like circuit. Dynamical behaviors of the memristive system are illustrated in terms of Lyapunov exponents, bifurcation diagrams, coexistence Poincaré maps, coexistence phase diagrams, and attraction basins. Besides, the modular equivalent circuit of four-wing memristive system is designed and the corresponding results are observed to verify its accuracy and rationality. A nonlinear synchronization controller with exponential function is devised to realize synchronization of the coexistence of multiple attractors, and the synchronization control scheme is applied to image encryption to improve secret key space. More interestingly, considering different influence of multistability on encryption, the appropriate key is achieved to enhance the antideciphering ability.