Abstract: Extensive use of the Internet coupled with the
marvelous growth in e-commerce and m-commerce has created a
huge demand for information security. The Secure Socket Layer
(SSL) protocol is the most widely used security protocol in the
Internet which meets this demand. It provides protection against
eaves droppings, tampering and forgery. The cryptographic
algorithms RC4 and HMAC have been in use for achieving security
services like confidentiality and authentication in the SSL. But recent
attacks against RC4 and HMAC have raised questions in the
confidence on these algorithms. Hence two novel cryptographic
algorithms MAJE4 and MACJER-320 have been proposed as
substitutes for them. The focus of this work is to demonstrate the
performance of these new algorithms and suggest them as dependable
alternatives to satisfy the need of security services in SSL. The
performance evaluation has been done by using practical
implementation method.