Public Key Infrastructure (PKI) is the framework of encryption that safeguards communications between the server and the client. PKI helps build trust between servers and clients by verifying and exchanging data between various servers and users. The critical aspect involved in PKI is the use of private and public cryptographic keys. These keys lie at the core of Public Key Infrastructure.
Besides being a part of the encryption and decryption process, they also help authenticate the identity of the communicating parties and devices. Briefly, we can say that PKI is accountable for making all online interactions safe and secure.
Where is Public Key Infrastructure Used?
In today’s hyper-connected world, where so many devices like mobile phones, payment sites, Internet of Things (IoT) enabled devices, among others, use the internet to communicate with each other. There is a requirement for a robust PKI to protect these devices from cyber risk.
PKI is an essential process that facilitates secure transfer of digital information across networks covering the dimensions of e-commerce, internet banking and also confidential email. It is important to carry out the activities wherein passwords act as an authentication method.
The primary real-world application Public Key Infrastructure security applies in:
- securing emails
- encrypting files
- decrypting files
- secure browsing
- file security
- smart card authentication
What are the Elements of Public Key Infrastructure?
Public Key Infrastructure authentication has three significant components:
Digital Certificates
It is a form of electronic identification for websites and organizations. Digital certificates help in verifying the identities of two parties. It is through the use of PKI that secure connections between two communicating machines can be made accessible.
Certificate Authority
Certificate Authority is a trusted body that issues digital certificates. They authenticate the digital identities of the users and, based on their findings, issue the certificates. These users can be individuals, computer systems, or servers.
Registration Authority
A registration authority verifies the identities of those requesting digital certificates. They provide digital certificates to users on a case-by-case basis. The certificates requested, received, and cancelled by both the registration authority and certificate authority are stored in an encrypted certificate database.
The Difference Between Public Key and Private Key
We already know that encryption works through the use of two different keys. It is essential to understand the difference between the two keys, namely the public and private keys, to understand the PKI infrastructure better.
- Both the keys apply to encrypt and decrypt information transmitted over the web. It ensures that only the sending and receiving parties are aware of that information.
- The public key is accessible to any user that connects with the website and is unique because it generates when a connection occurs and is confidential.
- When communicating, the client takes the public key to encrypt and decrypt, and the server uses the private key. It safeguards the user’s information from theft.
What Kind of Encryption Does Public Key Infrastructure Use?
So far, we have been talking a lot about encryption. So, what does encryption entail? Encryption is the process of changing the form of any message. This change of form protects the message from being read by anyone. Public Key Infrastructure uses both symmetric and asymmetric encryption.
Symmetric Encryption
In symmetric encryption, the message encrypted through a key is used to decrypt the message. The merit of asymmetric encryption is that the use of a single key makes it easy to use, but this also has a drawback this makes it less secure.
Asymmetric Encryption
Asymmetric encryption is based on public and private encryption techniques. It uses two different keys to encrypt and decrypt the message, but this also makes it slower.
What are the Risks Associated with Poor Public Key Infrastructure Execution?
Having PKI in place does not always guarantee safety. Improper PKI management by companies leaves room for error and malfunction. A recent report by Ponemon Institute identified the various risks associated with securing digital identities using PKI:
- Downtime and outages due to mismanaged digital certificates. When best practices are not adhered to, PKI runs the risk of service outages, data breaches, and information compromise.
- Unsecured digital identities undermine trust. Organizations use many keys and certificates, but most of them do not know the exact number or when they expire. This negligence in securing keys and certificates undermines the trust of organizations and often leads to misuse of keys and certificates by cybercriminals.
- More encryption increases operational complexity and cost. Several organizations add additional layers of encryption to meet the regulatory and IT policy requirements, which increase the cost of running operations.
The Bottom Line
The public key infrastructure (PKI) is a series of policies and procedures that are implemented to create, handle and distribute digital certificates and efficient public-key encryption. In addition, Public Key Infrastructure is necessary for building a trusted and secure business environment. It is excellent for high-security situations. With features like digital signing, public and private cryptographic keys, PKI provides trust between different organizations and their clients. Because of the security and safety it provides, PKI applies to various industries such as firms providing financial services, the medical industry, and even personal use through wearable IoT devices.
Watch this space for updates in the Technology category on Running Wolf’s Rant.
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