The OWASP project is a community of security people that have come together to discuss and help improve web application security. This site has been one of my favorites since I discovered it about 3 years ago. There is a ton of useful knowledge here for anyone who is involved with either developing web applications or responsible for auditing and testing the secuirty.
As I have been working in application security I am seeing more and more people who know about the OWASP project or who are working with the group.
One thing I really like about the OWASP is that local chapters ahve been established and they meet monthly to discuss and present on security. If you are looking for a cheap way to learn more about web application security, this is a cheap solution.
Check this site out.
http://www.owasp.org/index.php/Main_Page
Enjoy,
XS
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