Your CFHTTP requests may fail with an error I/O Exception: Received fatal alert: handshake_failure. the reason could be a try to connect to a web server that has very high SSL security levels enabled and is no longer compatible with older Java 8 versions.
If you are running ColdFusion on Java < 8.0.161 and you add -Djavax.net.debug=ssl,handshake,verbose to C:\ColdFusion2016\[cfusion]\bin\jvm.config you will see the below info message in coldfusion-out.log:
[INFO] Http service whiteboard started<br />
Ignoring unavailable cipher suite: TLS_DHE_DSS_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_DH_anon_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_DH_anon_WITH_AES_256_CBC_SHA256
Ignoring unavailable cipher suite: TLS_RSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_DHE_RSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_ECDH_ECDSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDHE_ECDSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_RSA_WITH_AES_256_CBC_SHA256
Ignoring unavailable cipher suite: TLS_DHE_DSS_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDH_ECDSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_ECDH_RSA_WITH_AES_256_CBC_SHA384
Ignoring unavailable cipher suite: TLS_RSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_ECDH_ECDSA_WITH_AES_256_CBC_SHA384
Ignoring unavailable cipher suite: TLS_ECDH_anon_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDHE_RSA_WITH_AES_256_CBC_SHA384
Ignoring unavailable cipher suite: TLS_ECDH_RSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDH_RSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_ECDHE_ECDSA_WITH_AES_256_CBC_SHA384
Ignoring unavailable cipher suite: TLS_DHE_RSA_WITH_AES_256_CBC_SHA256
Ignoring unavailable cipher suite: TLS_ECDHE_ECDSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_DHE_DSS_WITH_AES_256_CBC_SHA256
Ignoring unavailable cipher suite: TLS_DHE_RSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDHE_RSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDHE_RSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_DH_anon_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_DHE_DSS_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_RSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_DHE_RSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_ECDH_ECDSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDHE_ECDSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_RSA_WITH_AES_256_CBC_SHA256
Ignoring unavailable cipher suite: TLS_DHE_DSS_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDH_ECDSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_ECDH_RSA_WITH_AES_256_CBC_SHA384
Ignoring unavailable cipher suite: TLS_RSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_ECDH_ECDSA_WITH_AES_256_CBC_SHA384
Ignoring unavailable cipher suite: TLS_ECDHE_RSA_WITH_AES_256_CBC_SHA384
Ignoring unavailable cipher suite: TLS_ECDH_RSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDH_RSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_ECDHE_ECDSA_WITH_AES_256_CBC_SHA384
Ignoring unavailable cipher suite: TLS_DHE_RSA_WITH_AES_256_CBC_SHA256
Ignoring unavailable cipher suite: TLS_ECDHE_ECDSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_DHE_DSS_WITH_AES_256_CBC_SHA256
Ignoring unavailable cipher suite: TLS_DHE_RSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDHE_RSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDHE_RSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_DHE_DSS_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_RSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_DHE_RSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_ECDH_ECDSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDHE_ECDSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_RSA_WITH_AES_256_CBC_SHA256
Ignoring unavailable cipher suite: TLS_DHE_DSS_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDH_ECDSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_ECDH_RSA_WITH_AES_256_CBC_SHA384
Ignoring unavailable cipher suite: TLS_RSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_ECDH_ECDSA_WITH_AES_256_CBC_SHA384
Ignoring unavailable cipher suite: TLS_ECDHE_RSA_WITH_AES_256_CBC_SHA384
Ignoring unavailable cipher suite: TLS_ECDH_RSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDH_RSA_WITH_AES_256_GCM_SHA384
Ignoring unavailable cipher suite: TLS_ECDHE_ECDSA_WITH_AES_256_CBC_SHA384
Ignoring unavailable cipher suite: TLS_DHE_RSA_WITH_AES_256_CBC_SHA256
Ignoring unavailable cipher suite: TLS_ECDHE_ECDSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_DHE_DSS_WITH_AES_256_CBC_SHA256
Ignoring unavailable cipher suite: TLS_DHE_RSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDHE_RSA_WITH_AES_256_CBC_SHA
Ignoring unavailable cipher suite: TLS_ECDHE_RSA_WITH_AES_256_GCM_SHA384
trustStore is: C:\Program Files\Java\jdk1.8.0_144\jre\lib\security\cacerts
This is a list of ciphers that are only supported in Java < 8.0.161 if the Unlimited Strength Java(TM) Cryptography Extension Policy Files package has been installed on top of Java. Before Java 8.0.161 this was an extra package that you need to install manually. In Version 8.0.161 Oracle started to enable Unlimited Cryptography by default, see Java 8.0.161 release notes.
Please update Java to 8.0.161 or later - if you cannot, you are able to download the Java Cryptography Extension (JCE) Unlimited Strength Jurisdiction Policy Files for JDK/JRE 8 and install these files.