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What is encryption?

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What is encryption?

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Encryption occurs for all information going to and from both you and CU Online. Simply stated, encryption is “mumbo jumbo”. Encryption takes meaningful text and numbers and scrambles them into numerical nonsense before transmitting them across the Internet. This process uses complex mathematical formulas to create a key that is used to translate the “mumbo jumbo” nonsense back into meaningful data. There are billions of potential keys and a different one is used for each on-line session with CU Online. The key to be used is established when the on-line connection is made between your computer and CU Online. Your next on-line session will use a completely different key!

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Encryption occurs for all information going to and from both you and WebConnect. Plainly stated, encryption is “mumbo jumbo”. Encryption takes meaningful text and numbers and scrambles them into numerical nonsense before transmitting them across the Internet. This process uses complex mathematical formulas to create a key that is used to translate the “mumbo jumbo” nonsense back into meaningful data. There are billions of potential keys and a different one is used for each online session with WebConnect. Your next online session will use a completely different key!

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Encryption technology ensures that another party cannot access your confidential account information. Encryption is a way to rewrite something in a code, which can be decoded later with the right “key.” When you request information about your accounts, the information is sent across the Internet in an encrypted format. When the information reaches you, it is decoded so that you and no one else can read it. Most browsers will display a small padlock icon at the bottom of the browser window to indicate that your data has been encrypted for transmission.

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This is a way of making data unreadable to anyone except the intended recipient. The use of encryption is an increasingly common way of sending information (e.g., credit card numbers, account numbers, etc.) over the internet. For your protection, when you access account information from My Account, the information passed between your computer and Canaccord is encrypted.

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This is a way of making data unreadable to anyone except the intended recipient. The use of encryption is an increasingly common way of sending information (e.g., credit card numbers, account numbers, etc.) over the Internet. For your protection, when you access account information from InvestorView, the information passed between your computer and Canaccord is encrypted.

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