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Hacker Groups Mull Corporate Offers
From: InfoSec News <isn () C4I ORG>
Date: Mon, 7 Aug 2000 14:54:59 -0500
http://www.zdnet.com/intweek/stories/news/0,4164,2612056,00.html By Max Smetannikov, Inter@ctive Week August 6, 2000 9:23 PM PT The relationship between individual hackers and security experts used to be simple: security companies hired a black hat, who became a white hat. Now some companies are trying to purchase entire hacker collectives. The security firm @stake bought the London-based collective Cerberus Information Security late last month for an undisclosed sum. Investors have even expressed interest in the graybeard of all hacker groups, Cult of the Dead Cow, proposing various business combinations, including and initial public offering. The prospect troubles Deth Veggie, minister of propaganda at the collective. "I can't imagine CDC becoming a job," Veggie said. "If it stops being fun, it will become a responsibility." Watchers of the hacker scene believe buying up hacker brands could be a smart move. "I think this is somewhat of a trend, although I don't know how long it will last because there is a limited number of groups that are worth the money," said Elias Levy, chief technical officer at security consultancy SecurityFocus.com. "By all means, it is easier to have an arrangement where you could go and hire a group of people who are a collective as a whole since you already have an idea how well they work together and of their credentials." Deth Veggie and his CDC colleague Count Zero can name at least five other groups that they consider credible. They included pure old-school hacker collectives like New Hack City, Root and Chaos Computer Club (based in the Netherlands); hacker portals, like hacker magazine and zine 2600; and the participants in nonprofit community projects like textfiles.com, which seeks to collect all text files created by the hacker community. Why would any security company be an interested buyer? Some of the most prominent security firms, such as Internet Security Systems, were started by hackers. Still, many hackers share Veggie's skepticism about a future in the corporate world. "You lose a great deal when you go from being an artist to being a paid professional," said Jim, a hacker from Berkeley, Calif. Others have grabbed the paycheck. Last year, Boston-based @stake acquired the well-known hacker collective L0pht Heavy Industries. ISN is hosted by SecurityFocus.com --- To unsubscribe email LISTSERV () SecurityFocus com with a message body of "SIGNOFF ISN".
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