A quick check a browser can make to find out whether a website's security certificate is still valid.
Like phoning the bank to check a cheque has not been cancelled.
A company's old website certificate was copied by someone who left. The issuer cancelled it, and browsers learned that through this check.
Do I need to set it up?
No. Your web host handles it, and it works in the background.
Every WILDCARD card exists to solve one named problem. Find yours.