Secure Sockets Layers (SSL)/ Security and Safety of business Transactions?

Introduction: -While transacting online, payment gateways ensure that the detail of the debit/credit cards is protected from misuse. This is done by a method of encrypting sensitive information. Encryption is a process by which readable text information is converted into coded information which can be read only through a special process.

A major role for this process is played by software companies. In e-business, the data or information about payments made online is protected through the process of encryption. One of the most well-known methods of encryption is Secure Sockets Layers (SSL).

A.      Secure Sockets Layers (SSL): -This was developed by the company Netscape in the nineties for transmitting private documents over the internet. The encryption is done using mathematical programmes protocol which use logical reasoning. SSL is a protocol (procedure) which is used by many web sites. The sites use the protocol to obtain confidential user information like credit card number etc. many search engines on the internet such as Internet Explorer support SSL. A secure connection between client and server is created by using SSL.

In addition to SSL, there is another protocol known as secure HTTP (Hyper Transfer Text Protocol) (s-HTTP). This provides security in transmitting individual messages. Both SSL and s-HTTP have been approved by the Internet Engineering Task Force (IETF) as standards.