Alan Grayson: Is Keith Alexander Selling Classified Information to the Banks?

I’ve been tracking Keith Alexander’s utterly predictable new gig, getting rich off of having drummed up cybersecurity concerns for the last several years, while at the same time shacking up with the most dubious of shadow bank regulators, Promontory Financial Group.

Apparently, I’m not the only one. Alan Grayson just sent some of the entities that Alexander has been drumming up business with — the Security Industries and Financial Markets Association, Consumer Bankers Association, and Financial Services Roundtable — a letter asking how the former NSA Director can be making a reported $600,000 a month. He cites Bruce Schneier wondering whether part of the deal is that Alexander will share classified information he learned while at NSA.

Security expert Bruce Schneier noted that this fee for Alexander’s services is on its face unreasonable. “Think of how much actual security they could buy with that $600K a month.Unless he’s giving them classified information.” Schneier also quoted, which headlined this news as: “For another million, I’ll show you the back door we put in your router.”


Disclosing or misusing classified information for profit is, as Mr. Alexander well knows, a felony. I question how Mr. Alexander can provide any of the services he is offering unless he discloses or misuses classified information, including extremely sensitive sources and methods. Without the classified information that he acquired in his former position, he literally would have nothing to offer to you.

Please send me all information related to your negotiations with Mr. Alexander, so that Congress can verify whether or not he is selling military and cybersecurity secrets to the financial services industry for personal gain.

Alexander is just the latest of a long line of people who profit directly off driving up the cybersecurity threat. But — as notes — he’s also got the kind of inside information that could be particularly valuable.

As the Intelligence Industrial Complex and the Banking industry hop into bed together, there ought to be some transparency about just what kind of deals are being made. There’s simply too much immunity handed out to this community to let boondoggles like Alexander’s slide.

The intelligence community is subjecting every low level clearance holder to intense scrutiny right now. But thus far, there has not been a peep from those quarters that the former DIRNSA could command these fees for the expertise gained while overseeing the nation’s secrets.

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12 Responses to Alan Grayson: Is Keith Alexander Selling Classified Information to the Banks?

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emptywheel @gregorylent Thanks for recommending I do. @niubi
emptywheel @MoonofA Precisely--that is what it looks like, which makes NYT look like propaganda organ. @Sulliview
emptywheel @MikeW_CA That's one reason I ask. If you're translating human rights articles on behalf of USG, you should say so.
emptywheel Translated today: Canadan Miss World contestant barred entry, cloning center set to open Not translated: Guo Feixiong sentence, mil overhaul
emptywheel @GregDjerejian That's sort of what I think. Tho this was not translated.
emptywheel RT @empiricalerror: @emptywheel This was originally reported by BILD, so *high* chance of it turning out to be complete bullshit.
emptywheel It SEEMS like NYT always makes stories on Chinese corruption/crackdowns available. Fine. But why not others?
emptywheel Really wish NYT would explain thought process behind articles it makes available in Mandarin. @Sulliview
emptywheel Guns Paris terrorists used bought fr Darknet provider--but they found proof fr emails... Were THEY not encrypted?
emptywheel @laurenist Does it matter? You'll enjoy yourself (and may well have done it anyway). @REI
emptywheel @davidsirota Right. Glad NYT adding pressure, but if transparency advocates just learning this they're not doing their job.
emptywheel @ppppolls I'd be interested in cross tabs of Deflategate opponents and presidential support.
June 2014
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