One of the most interesting accounts of knowledge which have been recently proposed is the safety account of knowledge. According to it, one only knows that p if one's true belief that p could not have easily been false: S believes that p ==> p (where "==>" stands for the subjunctive conditional). This paper presents a counter-example and discusses attempts to fix the problem. It turns out that there is a deeper underlying problem which does not allow for a solution (...) that would help the safety theorist. It is not the case that knowledge is safe. (shrink)