eMudhra To Shut Global SSL/TLS Business, Says Core Operations Unaffected

eMudhra Cybersecurity Issue (AI-Image)

eMudhra Limited, a global digital trust company, has decided to voluntarily exit the global SSL/TLS certificate business following a recent incident involving one of its global SSL/TLS certificates. The company said the decision came after detailed deliberations by its board, citing rising compliance requirements, increasing operational complexity and lower returns from the business.

In a statement, eMudhra Chairman V. Srinivasan said the company responded to the incident by revoking the affected certificate authorities (CAs) within 14 hours of discovering the issue and making a prompt disclosure. He added that no end-entity certificates had been issued by the affected CAs.

According to Srinivasan, the company's infrastructure was not compromised, no data was breached, and its physical and logical security controls remained intact.

The company also said the global SSL/TLS business accounts for approximately 1 per cent of its global revenue, making it a relatively small part of its overall operations.

Why Is eMudhra Exiting The Global SSL/TLS Business?

Srinivasan said the business has become increasingly complex and costly over the years, particularly as data sovereignty and compliance requirements continue to evolve.

He also pointed to the availability of free SSL/TLS certificates from some large providers, which has…

Original source: https://www.timesnownews.com/business-economy