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eMudhra to Exit Global SSL/TLS Certificate Business After Security Flaws
Sentiment: NegativeHigh Priority
What Happened?
eMudhra announced its voluntary withdrawal from the global SSL/TLS certificate market due to vulnerabilities in its digital certificates. Major browsers have blocked these certificates, raising cybersecurity concerns.
Key points
- eMudhra's digital certificates were found to have vulnerabilities.
- Major browsers like Google and Mozilla blocked eMudhra's certificates.
- The company stated that its infrastructure was not compromised.
- eMudhra withdrew eight certificates following the advisory from India's Computer Emergency Response Team.
- The global SSL/TLS certificate business contributes only 1% of eMudhra's revenue.
- Shares of eMudhra fell 40% after the vulnerability disclosure.
Key insights
- The incident may lead to increased scrutiny of digital certificate providers.
- eMudhra's exit from this market could prompt customers to seek alternatives.
- The significant drop in shares reflects investor concern over cybersecurity vulnerabilities.
Why it matters
The withdrawal could impact eMudhra's reputation and customer trust in its digital services.
Entities
eMudhra· CompanyGoogle· OrganizationMozilla· OrganizationApple· OrganizationMicrosoft· OrganizationIndia· Country
Source
Business Standard
