how is a session key exchanged between a client and server in most secure web transactions
HTTPS The security of HTTPS is that of the underlying TLS, which typically uses long-term public and private keys to generate a short-term session key, which is then used to encrypt the data flow between client and server. X.509 certificates are used to authenticate the server (and sometimes the client as well). As a consequence, certificate authorities and public key certificates are necessary to verify the relation between the certificate and its owner, as well as to generate, sign, and administer the validity of certificates. While this can be more beneficial than verifying the identities via a web of trust, the 2013 mass surveillance disclosures drew attention to certificate authorities as a potential weak point allowing man-in-the-middle attacks.[23][24] An important property in this context is forward secrecy, which ensures that encrypted communications recorded in the past cannot be retrieved and decrypted should long-term secret keys or passwords be compromised in the future. Not all web servers provide forward secrecy.[25][needs update]
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Session layer Within the service layering semantics of the OSI network architecture, the session layer responds to service requests from the presentation layer and issues service requests to the transport layer.