In the company's early days, Mr. Paxton struggled with cash flow and decided to take a creative approach to get the company's name out.

WSJ: Turning Mess Into Success

Those who think we need stricter privacy regulation in the U.S. say emulating Europe's approach would help online companies by ensuring the free flow of information internationally.

WSJ: Should the U.S. Adopt European-Style Data-Privacy Protections?

Arguably, the least disruptive approach -- which would not impede the free flow of capital into and out of the United States and minimize the need for government intervention -- would be the voluntary adoption of new security- and human rights-minded "due diligence" by U.S. investment banks and fund managers, including those in California.

CENTERFORSECURITYPOLICY: Roger Robinson testimony on California Pension Funds