CloudFlare, a web security and performance startup, detailed Thursday a new technology that makes it possible for companies to not have to share their Secure Sockets Layer (SSL) keys — unique tokens that are used by organizations to ensure that sensitive data is encrypted when passing through a network — when passing information to web browsers.
The new technology, called Keyless SSL, is essentially an extension to the security protocol TLS that makes sure communications between websites and web browsers remain private. When a user visits a secure website like those provided by financial institutions, a lot of actions take place in the backend that the user is not aware of in order to make the network connection safe. In short, a web browser and a website or application need to exchange their unique SSL keys with each other before the network can be secure.
For many financial institutions, however…
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