The tech and financial industries are butting heads over the latter’s push to intentionally weaken a security protocol that underlies how the public securely accesses the vast majority of the internet. Critics are charging that the financial industry is pushing for a weakness in the new version of the Transport Layer Security (TLS) protocol, all for the sake of avoiding the time, effort and resources needs to adapt to the new standard. TLS is a bedrock internet security protocol used to secure everything from web browsing and email to instant messaging, voice, video and the internet of things. A new version, known as TLS 1.3, will usher in the largest changes in the protocol’s history. Contributors are hammering out the details before the update is likely finalized at the March meeting of the Internet Engineering Task Force (IETF), an independent group that designs internet standards. Heading into the meeting, the financial […]
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