Ten years ago, there was panic in Washington, DC, New York City and financial centers around the world as the United States was in the midst of an economic collapse. The crash became the focus of the presidential campaign between Barack Obama and John McCain and was followed by protests that created a popular movement, which continues to this day.
A few days ago Dan Geer, the chief information security officer at In-Q-Tel, gave a keynote address at Black Hat USA.1 According to the company’s web site In-Q-Tel is a non-profit, but it’s a special sort of non-profit. It offers venture capital funding on behalf of the “intelligence community” (read government spies). During his presentation Geer proposed, among other things, that the U.S. government bolster internet security by dominating the market for zero-day vulnerabilities.
