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Wednesday, June 25, 2014

Does Keith Alexander's Advice Be Worth $600K a Month?

Ex-NSA director Keith Alexander has his own consulting company: IronNet Cybersecurity Inc. His advice does not come cheap:
Alexander offered to provide advice to Sifma for $1 million a month, according to two people briefed on the talks. The asking price later dropped to $600,000, the people said, speaking on condition of anonymity because the negotiation was private.
Alexander declined to comment on the details, except to say that his firm will have contracts "in the near future."
Kenneth Bentsen, Sifma's president, said at a Bloomberg Government event yesterday in Washington that "cybersecurity is probably our number one priority" now that most regulatory changes imposed after the 2008 credit crisis have been absorbed.
SIFMA is the Securities Industry and Financial Markets Association. Think of how much actual security they could buy with that $600K a month. Unless he's giving them classified information.
Digby:
But don't worry, everything Alexander knows will only benefit the average American like you and me. There's no reason to suspect that he is trading his high level of inside knowledge to benefit a bunch of rich people all around the globe. Because patriotism.

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