Google discovers new security holes in SSL — is the entire system fundamentally flawed?

Google has discovered that an intermediate certificate authority had issued unauthorized certificates for multiple Google domains. The problem arose because the intermediate authority, MCS Holdings, had issued certificates for the Google domains, despite not holding those domains itself.

The reason it’s critical that companies not mint certificates for websites they don’t operate themselves is because doing so breaks the function of SSL itself. Here’s how the system is supposed to operate:

Your PC contacts a Google server, which returns a certificate. Your computer uses that certificate to encrypt a data session. The server confirms that the key is good and establishes the secure session with your PC. When certificates are signed by third parties, it allows the false server to execute a classic man-in-the-middle attack.

Read the Full Article: Source – Extreme Tech
http://www.extremetech.com/internet/201851-google-discovers-new-security-flaws-in-ssl-is-the-entire-system-fundamentally-flawed

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