SSL/TLS (Secure Socket/s Layer/Transport Layer Security) is an essential security protocol used to protect data transmitted over the internet. It works by encrypting the data sent between two computers, making it impossible for anyone else to intercept and read that information.
SSL/TLS provides authentication of both endpoints as well as encryption of all communication in order to ensure secure transmission of sensitive data such as credit card numbers or passwords.
The main purpose of using SSL/TLS is to provide privacy and integrity for communications over a network, which can be achieved through strong encryption algorithms like AES-256 or RSA-2048 bits. The encrypted connection also ensures authenticity by verifying server identity with digital certificates issued from a trusted Certificate Authority (CA).
This helps prevent man-in-the middle attacks where someone could potentially intercept your traffic and view confidential information you are sending across the web without your knowledge or consent.
In addition, many websites use TLS protocols on their servers in order to increase website security when handling customer’s personal details such as bank accounts, emails, etc.
Therefore, it’s important that businesses keep up with current industry standards regarding their implementation of SSL/TLS Protocols so they remain compliant with applicable laws & regulations while providing customers assurance that their private financial details are protected against potential threats online.