Facebook Donates $1M in New Funds for Internet Security at Black Hat (eWeek)


Facebook Chief Security Officer Alex Stamos outlined his views in an hour-long keynote at the Black Hat USA conference here on how the security industry should improve and also announced new investments to boost security.

Stamos is no stranger to Black Hat, which is celebrating its 20th anniversary this year. He said that in the early days there was a much more adversarial atmosphere at the event. He noted that in the early years, the true impact of internet security wasn’t well understood, but today that’s no longer the case with security breaches making headlines on a regular basis.

“We’re no longer the hacker kids fighting against corporate conformity,” Stamos said. “We don’t fight the man anymore, we are the man, but we haven’t changed how we view our responsibilities.”