>>> As security engineers, our role is to (a) reduce the number of
>>> entities we trust; (b) reduce the extent to which we trust the
>>> remaining trusted entities; and (c) determine the trustworthiness of
>>> trusted entities.
>> 
>> Really?
> 
> Yep.

+1  

One of the better definitions I've heard.  I would question whether (c) is even 
in scope; seems like a relying party function.
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