The company’s board decided to withdraw from the business after reviewing its commercial prospects and the scrutiny triggered by the incident. The global SSL/TLS business contributes about 1% of eMudhra’s revenue, but rising compliance requirements, increasing costs and competition from free certificate providers have reduced its potential returns, the company said.
The company’s board decided to withdraw from the business after reviewing its commercial prospects and the scrutiny triggered by the incident. The global SSL/TLS business contributes about 1% of eMudhra’s revenue, but rising compliance requirements, increasing costs and competition from free certificate providers have reduced its potential returns, the company said.
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