Getty Images Advisers and financial services firms are scrambling this week to avert any potential damage from the “Heartbleed” cybersecurity bug that has recently come to light and threatens millions of web users.
Encrypted channels for online communication that were thought to be secure have now been identified as being at risk due to a flaw in a piece of code in the OpenSSL — an open-source cryptographic library — said Arthur Bierer, chief technology officer at online lead-generation startup Vestorly Inc.
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The compromised code is shared by many programs and can be found in many different products, which makes the threat so widespread, said Mr. Bierer, who previously worked on the engineering team at Microsoft and helped implement SSL on Internet Explorer.
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