In a medium-sized saucepan, on medium-high heat, add the light brown sugar, unsalted butter, buttermilk, unsweetened cocoa powder, light karo syrup and salt.
Bring the mixture to a boil (this will take about 4 to 5 minutes), making sure to whisk it often so that your frosting doesn’t burn or clump.
Once your mixture reaches a rolling boil, then you will want to continue to cook it for an additional 3 to 4 minutes or until your chocolate frosting reaches a temperature of 200 to 210°F on a candy thermometer. Your frosting should start getting thick and should be very smooth.
Turn the heat down to low and add your powdered sugar, one cup at a time, whisking until the frosting is smooth. Once all the powdered sugar has been mixed in, add the vanilla extract and turn off the heat.
Transfer your chocolate frosting to a large spouted bowl to slightly cool. A 4 cup liquid measuring cup works great for this.
Remove the cake from the freezer. Spoon the slightly cooled chocolate mixture over the top of the cake, paying close attention to covering the buttercream strips. You can use a small spatula to carefully smooth the frosting to evenly cover the bumps and cake. Place the cake into the refrigerator for 15 to 20 minutes to allow the chocolate to set-up before slicing and serving.