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eMudhra Exits TLS Certificate Business, Citing Social Media Scrutiny
Sentiment: NeutralHigh Priority
What Happened?
eMudhra announced its exit from the global SSL/TLS certificate business due to a recent security incident and social media scrutiny. The company plans to focus on its enterprise solutions instead.
Key points
- eMudhra's board approved the voluntary withdrawal from the SSL/TLS business on October 22.
- The SSL/TLS business contributes about 1% to eMudhra's global revenue.
- The company handled a recent security incident by revoking affected certificate authorities within 14 hours.
- eMudhra will continue to support existing customers during the transition.
- The exit does not affect eMudhra's other digital trust services, including digital signatures.
Key insights
- The exit reflects the challenges faced by smaller certificate authorities in a competitive market.
- Social media scrutiny may influence corporate decisions in the tech industry.
- eMudhra's focus on enterprise solutions may strengthen its position in that sector.
Why it matters
The decision could impact customers relying on eMudhra for SSL/TLS certificates.
Entities
eMudhra· CompanyTLS· TechnologySSL· Technology
Source
India Today
