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Darknet Diaries · July 15, 2025 · 58m
The Zero-Day Market: Selling Digital Weapons
Inside the market for zero-day vulnerabilities: how they are discovered, priced, and sold to governments, defense contractors, and occasionally criminals.
Canon
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When governments pay millions for undisclosed vulnerabilities, the market environment incentivizes hoarding over disclosure. The economic environment determines whether vulnerabilities get fixed or weaponized.
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Ethical vulnerability researchers can control the quality of their research and their disclosure decisions but cannot control how the market prices vulnerabilities or what governments do with them.