| If they just store traffic and can decrypt it afterwards with the private key that they likely already protect with very high security, I think that's better than having to log traffic and all the session keys which need to be protected in the same manner as the private key... I agree that his message was a rational argument. The dismissive response was disappointing, however. Ultimately, the conflict of interest here is created by the fact that not everyone wants the same set of security properties. (Rhetorical question: does everyone want DRM? It's "more secure"!) The important thing to keep in mind whenever reading about security is what it secures against. It is not unreasonable that banks want to audit the data that flows through their network, in the same way that I should also have a right to inspect the data my devices are communicating on my network. The example I like to remember is the smart TV that phones home with viewing info --- discovered because it was doing it in plaintext. Rationale: We're trying to build a more secure internet. Phrases like this rather bother me because it assumes everyone wants the same security properties, which is clearly not the case given this example. "more secure" against what? "secure everything against everything else" seems like a popular attitude recently, and I think it does more harm than good. Relatedly, it's already hard enough with many "smart devices" that aren't full PCs to add your own CA and do MITM; I can't imagine logging session keys to be any easier if even feasible. I'm with the banks on this one. |
Standards bodies are trying to improve security for a very wide range of people and the obvious target with this is that they're trying to mitigate the risk that government agencies and others can passively read encrypted traffic and then demand access to the server's keys to decrypt.
This is a very real risk, and one with security benefits to mitigating.
Now obviously banks (and other corps) have a legitimate need to intercept and decrypt comms on their own networks. As long as they have control over one of the two ends of the communication, they can get access to the session key and then, to me, it's an implementation matter with their existing logging solutions to log that.
I'm not trying to trivialise the effort needed, but to suggest that there's no fundamental reason that they can' adapt existing solutions to address it, especially as we're not talking about some kind of near-term problem here. This will only come into focus when/if TLSv1.2 is deprecated and if the amount of places still supporting SSLv3 is anything to go by we're a really long way away from that.
So for me the idea of pushing things forward from a security standpoint at a protocol level somewhat outweighs the impact that organizations will need to modify their solutions over the course of the next say 10 years (that's a ballpark number I don't have a crystal ball that tells me when TLSv1.2 deprecation will occur) to address it.