Fifty Shades of Grey Hat Hacker

In the security business, there is talk of black hats and white hats but the reality is there are only shades of grey. One minute, a hacker is a hero for saving the world from Wannacry.  The next minute, the same hacker is arrested. How do participants, whether individuals, organizations, or governments, deal with this reality?

Part 1. What are the different models for engaging hackers and what are the implications of each model for all relevant parties?

Part 2. Under what circumstances do companies, organizations, and governments employ each engagement model?

We discuss these and related questions in The Business of Security. For a preview in 140 characters or less, follow @StrategyTMT