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Krebs on Security: How Not to Start an Encryption Company

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Probably the quickest way for a security company to prompt an overwhelmingly hostile response from the security research community is to claim that its products and services are "unbreakable" by hackers. The second-fastest way to achieve that outcome is to have that statement come from an encryption company CEO who served several years in federal prison for running a $210 million Ponzi scheme. Here's the story of a company that managed to accomplish both at the same time and is now trying to learn from (and survive) the experience.

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