There have been many speculations about the security of cardholders when they buy items online using their cards. However, just a few are talking about online credit card program. Safety for credit card use online is one thing, credit card application online is a wholly different, and frequently untouched, thing.

How secure is it to provide your personal information when you apply online for credit card?

Though many people doubt it, the fact remains that stable e-commerce Technology is significantly safer than mailing your application through postal service. Consider it, if you send your application by simply dropping it on a mailbox, how easy is it for unscrupulous people to stick their hands into it and pull the envelop from a house mailbox?

While this feat could be much harder to pull when you put your application on a mailbox, it does not mean it cannot be done. Furthermore, once your program reaches the post office, postal employees will manage it. There might be surveillance cameras but dishonest men and women are constantly coming with the most innovative ways to take advantage of other men and women. So, what are the safety measures card businesses use to deal with all online credit card application?

Secure Sockets Layer SSL Technology

The data between your computer and the bank’s computer through the net will be encrypted. Essentially, prtship forum personal information you give as soon as you apply online will be turned into a jumbled mess and the bank’s computer knows how to put it into order for individual readers to understand. If a hacker tries to intercept your message, all he will get is your encrypted jumbled version.

However, what is encryption?

In a nutshell, encryption is a mathematical procedure that hides information in 128-bits.  It is comparable to a secret language, only it is more sophisticated and more complex to crack. Normally, your information is encrypted when every character you input is transformed into another personality, in any one of 2 to the 128th power manners. To give you peace of mind, know that the code will require no less than 20,000 years to break using today’s computers.

Two Important Algorithms

Moreover, the encryption process uses a two-key algorithm. This Method utilizes a private key to unlock the encrypted data. The computer that sends the data demands these keys and the computer on the receiving end, that is the bank’s computer, will enter order the jumbled information and read the 128-bit encrypted data, which you provided, so as to apply online for credit card. When a hacker attempts to seize the information, he’s confronted with the impossible task of figuring out the mathematical equation required to crack the information; he has to crack the code to the public and private keys.