Importance by zhucezhao



Word Count:

If you are transmitting sensitive information on a web site, such as
credit card numbers or personal information, you need to secure it with
SSL Certificate.

digital certificates, Certificate Authority, Certification Authority, SSL
security certificate, SSL Certificates for banks, Security of Banking

Article Body:
It is possible for every piece of data to be seen by others unless it is
secured by an SSL Certificate. Your customers won't trust your web site
without it.

Why banks need SSL?

SSL Certificates are essential factor to gain Customers’ confidence in
your Services and Brand……

SSL stands for Secure Socket Layer, which allows online users to create
sessions with Internet sites that are safe and secure i.e. they have the
least risk of external contravention. In an Online Banking website, the
customers can only be secure with the use of SSL technology. An SSL
Certificate ensures that all data passed between the Web server and
browser remains private and secure.

To make online banking safe for its Customers all the banks must have SSL
Certificates. SSL Certificates is the only answers to questions such as -
Will my money be safe? Can someone steal my Personal information?, Can
someone access funds or track my transactions?, Could a thief find a way
to clean out my bank account?

Thus all the banking websites need SSL Certificates –

• To enhance Customers’ Confidence in your Website.
• To get accepted globally - expand clientele from all over the world.
• SSL is mandatory for sites collecting personal or financial information
from their customers.
• Most of the consumers now expect safety & security to the part of
online services they use.
• You value privacy and expect others to trust you.
• Banks need to comply with privacy and online security requirements.
• SSL is a necessity if you have offices that share confidential
information over an intranet.
• The most important is to protect your customer's transactions and
provide visitors with proof of your digital identity.

What happens if a bank does not use SSL, What are the risks involved?

Customers are very careful while doing online banking. They are aware of
SSL and check for HTTPS before logging in to the website. SSL, Secure
Socket Layer is extremely essential for any website, which is collecting
sensitive information like personal information, credit card numbers
online. Especially banking websites should have SSL Certificates to
secure the online transactions of their customer.

Consequences for not deploying SSL certificates on banking website are -

• Customer may rebuff to expose his bank account details to the Internet.
• Hackers and criminals may track the valuable information.
• You can lose a potential customer.
• Customers may loose faith and may go to some other bank.
• Non-availability of SSL on any Banking Website may affect its brand
image or Goodwill.

What is SSL Certificate?
SSL (secure sockets layer) is a communications protocol, which is now the
global standard for security
SSL creates an encrypted link between a web server and a web browser to
ensure that all data transmitted remains private and secure. The Secure
Sockets Layer protects data transferred over http using encryption
enabled by a server’s SSL Certificate

SSL uses a cryptographic system that uses two keys to encrypt data - a
public key known to everyone and a private or secret key known only to
the recipient of the message. The public key is used to encrypt
information and the private key is used to decipher it. When a Web
browser points to a secured domain, a Secure Sockets Layer handshake
authenticates the server (Web site) and the client (Web browser). An
encryption method is established with a unique session key.

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