A method provides a firmware update to an electronic device, to code signing for firmware updates of electronic devices, and a system therefor. In particular, the system and method for updates firmware that is authenticated through a public key infrastructure. The method includes an electronic device receiving a firmware update provided with a signature of a signing key, a signing certificate with a signature of a master key, and a revision number. The device verifies the signature of the master key on the signing certificate of the signing key, checks the revision number on the signing certificate of the signing key against a roll back counter, and verifies the signature of the signing key on the firmware update. The device then rejecting or accepting the received firmware update based on the outcome of the above verifying and checking.