How Not to Start a Security/Encryption Company

Interesting take by Krebs on the failings of a startup called Secure Channels Inc. Yet another company that was very reluctant to share their source code for review, but very willing to promote that their product was unbreakable.

I’m looking forward to similar discussions on other security/encryption products such as Symphony’s secure messaging platform, which, while much less boastful, hasn’t opened up their technology either. Fortunately for us, the NYS Department of Financial Services is at least looking into them.

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