Technological development of banking and money transferring is increasingly rapidly. Once upon a time, humans can only send money through services provided by the post office. Over time, the cash machine was found. People do not need to carry a lot of cash to conduct transactions. Today, people are increasingly facilitated by the presence of online business and banking technology. We do not need to pass through traffic jams just to go to the bank or to a cash machine to make a transaction. You can simply interact with gadgets and just wait for a few minutes and your transaction can be completed.
SSL
SSL is stands for Secure Sockets Layer. Netscape makes this protocol for transmitting private documents of online activities. Cryptographic system used in this protocol done via two keys for data encryption; a public key known to everyone and a private or secret key known only to the recipient of the message. Today almost all internet browsers already support the use of SSL as there are many web sites used by the hackers to obtain confidential user information such as credit card numbers of the online banking transactions.
Today, URLs that require an SSL connection start with “https:” instead of using “http: » Another protocol for secure data transmission via the World Wide Web is Secure HTTP (S-HTTP). SSL creates a secure connection between a client and a server that allows any data can be transmitted securely, while the S-HTTP is designed to transmit individual messages securely.
Therefore, both of these protocols can be complementary in technology development. Both protocols have been approved by the Internet Engineering Task Force (IETF) as a standard protocol that is safe and reliable. HTTP is not safe to be used in online banking activities because important information like credit card details and login accounts can give the opportunity for hackers. So make sure the banking data is sent or posted through a browser using HTTPS and check again whether the information given has been encrypted securely.