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 Recode.net, which headlined this news as: “For another million, I’ll show you the back door we put in your router.”

[snip]

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 Recode.net 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 Twitterverse
JimWhiteGNV Tweet deck come back! Please!
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emptywheel Last link from here: http://t.co/OcumtSRZvF Pillar also notes that climate is a DIRECT threat, not just threat multiplier.
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emptywheel Paul Pillar bemoans "continued prominence of US pol figures whose views on climate sound more in tune w/days when Earth thought to be flat"
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JimWhiteGNV Why does my cat get angry with me when I sneeze?
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bmaz For NSA CTO Patrick Dowd and Keith Alexander, craven opportunism is not so much a revolving door as an umbilical cord http://t.co/SgAG2hJINZ
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emptywheel @Thomas_Drake1 And a teeny bit of thought abt why the govt might use defeat lists. @KenDilanianAP
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emptywheel @Thomas_Drake1 But yes, most of it is redacted. It just takes a bit of knowledge of CT cases to compare. @KenDilanianAP
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emptywheel @Thomas_Drake1 This wasn't exactly censored (which is how I know abt it). Even showed up in testimony! @KenDilanianAP
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emptywheel RT @NACDL: Investigation: "Confidential informants are an integral but problematic part of federal law enforcement" - @richelord http://t.c…
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emptywheel @onekade Just you. Also don't mind that O is reversing his stance abt coercive interrogations.
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emptywheel @granick Unless of course the "n" was "corrupt banksters." That'd be like shooting fish in haystack. But not interested there. @mattblaze
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emptywheel @granick That the "n" they're targeting is too small for algos to actually find the dots out of the haystack? @mattblaze
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