alphadogg writes "With all the publicity about breaches of SSL certificate authorities and a hack that exploits a vulnerability in the supposedly secure protocol, it's time to consider something else to protect Internet transactions. If only there were something else to turn to. Protecting SSL and its updated version TLS is vital because they support most e-commerce transactions by setting up end-to-end encrypted sessions that are authenticated, and that requires certificates that are verified by certificate authorities. One new model for authentication is called Convergence, and it similar to one being trialed at Carnegie Mellon University called Perspectives. Rather than trusted third parties whose trust can't be assured, SSL/TLS authentication would rely on a reputation system of verification."
Read more of this story at Slashdot.