SSL Certificate is an encryption technology that provides secure internet communication between two or more computers/devices. It ensures that sensitive data sent from a user’s device, such as login credentials and credit card information, remains safe from malicious actors. SSL encrypts any data transferred between the two devices before it leaves one system and decrypts it again when it reaches its destination.
In this article, we will discuss the role of SSL in protecting online transactions.
Let’s get started.
How Does an SSL Certificate Work?
It is one of the most widely deployed security protocols that provides safe & secure communication between the web browser and a web server. SSL works by authenticating the identity of both sides in the conversation and encrypting all information exchanged between them.
When you connect to an SSL-protected website, your browser verifies the authenticity of the site’s certificate before establishing the connection to ensure that no third party can intercept or change any data sent over this connection without being detected. Once authenticated, encryption takes place using asymmetric cryptography – also known as public key cryptography – which uses two different keys to encode and decode data.
Importance of Securing Online Transactions
Online transactions are becoming increasingly common; from online banking to shopping and even sending personal information such as social security numbers, people worldwide are utilizing the internet to conduct their business and protecting this sensitive data from malicious actors looking to steal it or use it for illegal purposes. That is where Secure Sockets Layer (SSL) comes in.
SSL is a type of encryption technology that provides an extra layer of protection when transferring data between two devices on the internet, ensuring that the connection is secure and that your data remains private. When using SSL, any data you send and receive will remain encrypted until it reaches its intended destination, making it difficult for anyone else to intercept it.
Role of EV SSL Certificate in Protecting Online Transactions
An EV SSL Certificate prevents hackers from intercepting any data sent back and forth between the two transmission points using its SHA-2 complex and secure hashing algorithm. Using SSL Encryption, website owners can guarantee their customers’ safety when making online transactions or entering personal information on their sites. Many financial institutions have adopted SSL/TLS Encryption to protect their customers’ private information.
There are various ways in which an SSL protects online transactions, such as:
SSL is an integral part of protecting online transactions & providing secure payments; It establishes a secure connection, encrypting data transmitted back and forth. Hence, third parties can not intercept sensitive information, such as credit card details or banking information you may send online. In addition to preventing malicious interception, SSL also provides identity validation.
When customers visit a website using SSL, they can verify its authenticity by looking for the HTTPS and Padlock icons next to the URL bar. It ensures that customers know they are dealing with a legitimate business, not a fraudster looking to steal their money or personal details.
Data collection is a critical part of enabling secure online transactions. Whether it’s personal information, such as credit card numbers or confidential business documents, data must be collected and transmitted securely to protect it from unauthorized access.
A Secure Sockets Layer (SSL) Certificate can protect valuable data from being exposed to malicious attacks while in transit. It uses encryption technology to scramble the data so only authorized individuals can view it. SSL also creates a secure “tunnel” between the client and server, ensuring any data sent over the connection stays encrypted. Hence, even if someone could access this tunnel, they could still not decrypt the data inside.
SSL Certificate protects online purchases, confidential information exchange, and financial transfers; it mainly encrypts the data sent between web browsers and servers, ensuring that sensitive information remains protected from malicious actors attempting to access it. Without SSL, hackers could easily intercept data transmitted between the browser and server and use it for their purposes.
SSL also authenticates the communication between the browser & server, confirming that they communicate securely. As part of this authentication process, an SSL certificate can verify the identity of both parties.
Who Must Have an SSL Certificate?
It has become increasingly important for any website that handles sensitive customer data, such as e-commerce stores or websites that uses payments process or logins, to have an SSL certificate. The popular browsers Chrome, Firefox, and Safari now all display warning signs if users are accessing a site without an SSL certificate. Hence, it is essential to maintain customers’ trust and keep them safe online.
If you buy SSL Certificate, you not just ensure the safety of your customer’s data; it can also help improve SEO rankings. Google uses HTTPS as a ranking signal in its search results, so sites with an active SSL certification may have better visibility than those that do not have one installed. An SSL certificate can result in more website traffic and brand visibility.
The Bottom Line
SSL Certificate is mandatory for protecting data, personal information, and online financial transactions. It establishes a secure connection between two parties so they can communicate without fear of any malicious interception or alteration of the data exchanged. Businesses must ensure SSL is properly configured and integrated into their websites to give customers peace of mind when purchasing or submitting sensitive information online.