How to convert SecureString to System.String?

Use the System.Runtime.InteropServices.Marshal class:

String SecureStringToString(SecureString value) {
  IntPtr valuePtr = IntPtr.Zero;
  try {
    valuePtr = Marshal.SecureStringToGlobalAllocUnicode(value);
    return Marshal.PtrToStringUni(valuePtr);
  } finally {
    Marshal.ZeroFreeGlobalAllocUnicode(valuePtr);
  }
}

If you want to avoid creating a managed string object, you can access the raw data using Marshal.ReadInt16(IntPtr, Int32):

void HandleSecureString(SecureString value) {
  IntPtr valuePtr = IntPtr.Zero;
  try {
    valuePtr = Marshal.SecureStringToGlobalAllocUnicode(value);
    for (int i=0; i < value.Length; i++) {
      short unicodeChar = Marshal.ReadInt16(valuePtr, i*2);
      // handle unicodeChar
    }
  } finally {
    Marshal.ZeroFreeGlobalAllocUnicode(valuePtr);
  }
}