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.\nWhy banks need SSL?\nSSL Certificates are essential factor to gain Customers’ confidence in your Services and Brand……\nSSL 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.\nTo 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?\nThus all the banking websites need SSL Certificates –\n• To enhance Customers’ Confidence in your Website.\n• To get accepted globally – expand clientele from all over the world.\n• SSL is mandatory for sites collecting personal or financial information from their customers.\n• Most of the consumers now expect safety & security to the part of online services they use.\n• You value privacy and expect others to trust you.\n• Banks need to comply with privacy and online security requirements.\n• SSL is a necessity if you have offices that share confidential information over an intranet.\n• The most important is to protect your customer’s transactions and provide visitors with proof of your digital identity.\nWhat happens if a bank does not use SSL, What are the risks involved?\nCustomers 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.\nConsequences for not deploying SSL certificates on banking website are –\n• Customer may rebuff to expose his bank account details to the Internet.\n• Hackers and criminals may track the valuable information.\n• You can lose a potential customer.\n• Customers may loose faith and may go to some other bank.\n• Non-availability of SSL on any Banking Website may affect its brand image or Goodwill.\nWhat is SSL Certificate?\nSSL (secure sockets layer) is a communications protocol, which is now the global standard for security\nSSL 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\nSSL 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.