According to a recent report by BMI Research, “cyber-attacks and scams represent the most formidable threat to Singapore” because our internet infrastructure is seen to be less developed compared to our global counterparts. Online shoppers are therefore left vulnerable to various attacks, going up against anything between being victims of cheating or data theft by hackers.
This is bad news for companies who depend on online transactions to conduct their daily businesses. It results in a severe loss of trust and credibility with their customers, leading to potentially disastrous consequences. It is therefore becoming increasingly more important to boost online security by employing the best and up-to-date methods of protection to keep up both with a rapidly evolving technology as well as the influx of increasingly sophisticated cybercriminals. This is where SSL comes into the picture.