This document discusses security issues and trust strategies for the semantic web. It begins by outlining five layers of security standards for the semantic web, including XML security, RDF security, and trust mechanisms. It then categorizes models of trust as centralized, distributed, global, or local. Distributed models are further divided into global and local. Examples of trust strategies are provided, including optimistic systems, pessimistic systems, centralized trust systems, trust investigation systems, and transitive trust systems. The presentation concludes with a discussion of the costs associated with different trust strategies.