Error "Your connection isn't private" for brand new Umbraco instance

Questions
1

I downloaded the latest Umbraco template and started a brand new Umbraco instance with VS. When I run the web project, I get the following:

Your connection isn’t private

Attackers might be trying to steal your information from localhost (for example, passwords, messages, or credit cards).

NET::ERR_CERT_INVALID

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Could anyone offer a tip on its remedy?

This is a companion discussion topic for the original entry at https://our.umbraco.com/forum/113578-error-your-connection-isnt-private-for-brand-new-umbraco-instance