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How secure is the encryption used by SSL (Secure Internet Protocols)?

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How secure is the encryption used by SSL (Secure Internet Protocols)?

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SSL uses what’s known as “Public-Key Encryption” to exchange a “session key” between you and the server; this session key is used to encrypt your transaction (both when you send it and when it is received), and each transmission uses a different session key. So no two transmissions will have the same session key and encryption.

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