diff --git a/keps/prod-readiness/sig-network/2200.yaml b/keps/prod-readiness/sig-network/2200.yaml
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+kep-number: 2200
+stable:
+  approver: "@johnbelamaric"
diff --git a/keps/sig-network/2200-externalips-admission/README.md b/keps/sig-network/2200-externalips-admission/README.md
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+# KEP-2200: Deny use of ExternalIPs via admission control
+
+<!-- toc -->
+- [Release Signoff Checklist](#release-signoff-checklist)
+- [Summary](#summary)
+- [Motivation](#motivation)
+  - [Goals](#goals)
+  - [Non-Goals](#non-goals)
+- [Proposal](#proposal)
+  - [User Stories (Optional)](#user-stories-optional)
+  - [Risks and Mitigations](#risks-and-mitigations)
+- [Design Details](#design-details)
+  - [Test Plan](#test-plan)
+  - [Graduation Criteria](#graduation-criteria)
+  - [Upgrade / Downgrade Strategy](#upgrade--downgrade-strategy)
+  - [Version Skew Strategy](#version-skew-strategy)
+- [Production Readiness Review Questionnaire](#production-readiness-review-questionnaire)
+  - [Feature Enablement and Rollback](#feature-enablement-and-rollback)
+  - [Rollout, Upgrade and Rollback Planning](#rollout-upgrade-and-rollback-planning)
+  - [Monitoring Requirements](#monitoring-requirements)
+  - [Dependencies](#dependencies)
+  - [Scalability](#scalability)
+  - [Troubleshooting](#troubleshooting)
+- [Implementation History](#implementation-history)
+- [Drawbacks](#drawbacks)
+- [Alternatives](#alternatives)
+<!-- /toc -->
+
+## Release Signoff Checklist
+
+Items marked with (R) are required *prior to targeting to a milestone / release*.
+
+- [ ] (R) Enhancement issue in release milestone, which links to KEP dir in [kubernetes/enhancements] (not the initial KEP PR)
+- [ ] (R) KEP approvers have approved the KEP status as `implementable`
+- [X] (R) Design details are appropriately documented
+- [X] (R) Test plan is in place, giving consideration to SIG Architecture and SIG Testing input
+- [X] (R) Graduation criteria is in place
+- [ ] (R) Production readiness review completed
+- [ ] Production readiness review approved
+- [ ] "Implementation History" section is up-to-date for milestone
+- [ ] User-facing documentation has been created in [kubernetes/website], for publication to [kubernetes.io]
+- [ ] Supporting documentation—e.g., additional design documents, links to mailing list discussions/SIG meetings, relevant PRs/issues, release notes
+
+[kubernetes.io]: https://kubernetes.io/
+[kubernetes/enhancements]: https://git.k8s.io/enhancements
+[kubernetes/kubernetes]: https://git.k8s.io/kubernetes
+[kubernetes/website]: https://git.k8s.io/website
+
+## Summary
+
+This proposal is in response to CVE-2020-8554: "Man in the middle using
+LoadBalancer or ExternalIPs".
+
+Fundamentally the `Service.spec.externalIPs[]` feature is bad.  It predates
+`Service.spec.type=LoadBalancer` and, now that we have that, has very few
+use-cases.  In short an unprivileged user can hijack an IP address via a
+Service spec.  In contrast, `type=LoadBalancer` uses Service status, which most
+normal users should not be allowed to write.
+
+This KEP proposes to block the use of ExternalIPs via a built-in admission
+controller.  The justification for this, as opposed to a webhook, is that 99%
+of users will never use this feature, and making them ALL run a webhook seems
+terrible.
+
+## Motivation
+
+https://github.com/kubernetes/kubernetes/issues/97110
+
+### Goals
+
+Make it possible to disable an insecure feature for the vast majority of users
+very quickly.
+
+### Non-Goals
+
+* Make this the default (breaking change)
+* Make the feature safe to use.
+
+## Proposal
+
+This KEP proposes to add a built-in admission controller
+"DenyServiceExternalIPs", which rejects any CREATE or UPDATE operation which
+adds a new value to `Service.spec.externalIPs`.  Existing values will be
+tolerated and may be removed.
+
+The number of rejected operations will be exposed by the standard admission
+metrics (`apiserver_admission_controller_admission_duration_seconds_bucket{name="DenyServiceExternalIPs",rejected="true", ...}`).
+
+### User Stories (Optional)
+
+Alice the admin does not want her users using this insecure feature.  She
+enabled this admission controller and knows no user can use it.  She can then
+audit existing users and make them stop.
+
+### Risks and Mitigations
+
+Some installations may want to use this feature in a more controlled way.  They
+can use a custom webhook admission controller or a policy controller to enforce
+their own rules.
+
+This is a precedent we should not set lightly.  In this case the VAST majority
+of users do not need this feature and this proposal is very surgical in nature.
+As far as we know, there are few other unprivileged fields with this much
+power anywhere in our API, and most of those already have some form of controls
+on them.
+
+## Design Details
+
+One simple admission controller should be enough to disable this misfeature.
+Unfortunately it can not be on by default (that would be breaking).
+
+This means that platform-providers may need to expose an option to control
+this.  While we generally try to avoid mixing knobs that cluster-users would
+set with knobs that cluster-providers own, it seems reasonable to close this as
+soon as possible and consider better answers when we have more cases to
+generalize from.  See "Alternatives" below for more.
+
+See "Proposal" above.
+
+### Test Plan
+
+* Unit tests to ensure CREATE and UPDATE operations are rejected when adding
+  new `externalIPs`.
+* Unit tests to ensure UPDATE operations allow existing `externalIPs`.
+
+### Graduation Criteria
+
+This feature will debut as "GA", bypassing alpha and beta.  It's already opt-in
+and very small scope.
+
+### Upgrade / Downgrade Strategy
+
+Cluster upgrades/downgrades should not be an issue.
+
+### Version Skew Strategy
+
+N/A
+
+## Production Readiness Review Questionnaire
+
+### Feature Enablement and Rollback
+
+* **How can this feature be enabled / disabled in a live cluster?**
+  - [X] Other flag
+    - Flag name: --enable-admission-plugins (existing)
+
+* **Does enabling the feature change any default behavior?**
+  Yes.  The `externalIPs` field will not be allowed to mutate, except to remove
+  existing values.
+
+* **Can the feature be disabled once it has been enabled (i.e. can we roll back the enablement)?**
+  Yes.
+
+* **What happens if we reenable the feature if it was previously rolled back?**
+  No problem.
+
+* **Are there any tests for feature enablement/disablement?**
+  Unit tests should suffice.
+
+### Rollout, Upgrade and Rollback Planning
+
+* **How can a rollout fail? Can it impact already running workloads?**
+  It could start disallowing all Service operations, if the controller was
+  buggy.
+
+* **What specific metrics should inform a rollback?**
+  `apiserver_admission_controller_admission_duration_seconds_bucket{name="DenyServiceExternalIPs",rejected="true", ...}`
+
+* **Were upgrade and rollback tested? Was the upgrade->downgrade->upgrade path tested?**
+  Manual testing:
+  * Create a service "extip" with 2 `externalIPs` values
+  * Upgrade to new apiserver and enable new admission controller
+  * Try to create a new service using `externalIPs` -> fail
+  * Try to change the "extip" service in an unrelated way -> OK
+  * Try to change the value of one `externalIPs` value in extip -> fail
+  * Try to remove the [0] value of `externalIPs` -> OK
+  * Try to add the removed value back -> fail
+  * Remove the last `externalIPs` value -> OK
+  * Try to add the removed value back -> fail
+  * Revert to "standard" apiserver
+  * Try to add the removed value back -> OK
+
+* **Is the rollout accompanied by any deprecations and/or removals of features, APIs, fields of API types, flags, etc.?**
+  No.
+
+### Monitoring Requirements
+
+* **How can an operator determine if the feature is in use by workloads?**
+  There are two possible facets of this: 1) Is the admission control enabled?
+  and 2) Are any users using externalIPs?
+
+  To point 1, admins can look at their admission control config
+  (--enable-admission-plugins) and look for `DenyServiceExternalIPs` in that
+  list.
+
+  To point 2, admins can look at all services in the cluster for use of
+  the `externalIPs` field.  Via kubectl:
+
+  ```
+  kubectl get svc --all-namespaces -o go-template='
+  {{- range .items -}}
+    {{if .spec.externalIPs -}}
+      {{.metadata.namespace}}/{{.metadata.name}}: {{.spec.externalIPs}}{{"\n"}}
+    {{- end}}
+  {{- end -}}
+  '
+  ```
+
+* **What are the SLIs (Service Level Indicators) an operator can use to determine the health of the service?**
+  N/A
+
+* **What are the reasonable SLOs (Service Level Objectives) for the above SLIs?**
+  N/A
+
+* **Are there any missing metrics that would be useful to have to improve observability of this feature?**
+  This proposes to use the existing
+  `apiserver_admission_controller_admission_duration_seconds_bucket{name="DenyServiceExternalIPs", ...}` metrics.
+
+### Dependencies
+
+* **Does this feature depend on any specific services running in the cluster?**
+  No.
+
+### Scalability
+
+* **Will enabling / using this feature result in any new API calls?**
+ No.
+
+* **Will enabling / using this feature result in introducing new API types?**
+ No.
+
+* **Will enabling / using this feature result in any new calls to the cloud provider?**
+ No.
+
+* **Will enabling / using this feature result in increasing size or count of the existing API objects?**
+ No.
+
+* **Will enabling / using this feature result in increasing time taken by any operations covered by [existing SLIs/SLOs]?**
+ No.
+
+* **Will enabling / using this feature result in non-negligible increase of resource usage (CPU, RAM, disk, IO, ...) in any components?**
+ No.
+
+### Troubleshooting
+
+* **How does this feature react if the API server and/or etcd is unavailable?**
+  It is part of apiserver REST path.
+
+* **What are other known failure modes?**
+  None.
+
+* **What steps should be taken if SLOs are not being met to determine the problem?**
+  N/A
+
+## Implementation History
+
+* 2020-12-07: First draft
+* 2021-01-04: Edits to PRR section.
+* 2021-01-15: Edits from feedback.
+
+## Drawbacks
+
+It is a slippery-slope to other ad hoc policies.  Counter: this is very
+surgical and overwhelmingly not a useful feature.
+
+Users who REALLY need this feature can enable it and apply whatever bespoke
+admission policies they need (or not).
+
+## Alternatives
+
+* Force users to use policy controllers as webhooks. Forever.
+* Make a breaking API change and disable or rip-out the feature.
+* Add a new flag telling validation logic to dissallow this field.
+* Make a more complex API to define which namespaces can use this feature
+  and/or which IPs they can use.
+* Make a new API that allows cluster-users to enable this sort of field-block
+  without changing admission-control flags on apiserver.
diff --git a/keps/sig-network/2200-externalips-admission/kep.yaml b/keps/sig-network/2200-externalips-admission/kep.yaml
new file mode 100644
index 00000000000..d387e21e994
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+++ b/keps/sig-network/2200-externalips-admission/kep.yaml
@@ -0,0 +1,42 @@
+title: Block ExternalIPs via Admission Control
+kep-number: 2200
+authors:
+  - "@thockin"
+owning-sig: sig-network
+participating-sigs:
+  - sig-auth
+  - sig-security
+  - sig-api-machinery
+status: implementable
+creation-date: 2020-12-07
+reviewers:
+  - "@IanColdwater"
+  - "@tabbysable"
+approvers:
+  - "@tallclair"
+  - "@lavalamp"
+prr-approvers:
+  - "@johnbelamaric"
+see-also:
+  - "https://github.com/kubernetes/kubernetes/issues/97110"
+
+# The target maturity stage in the current dev cycle for this KEP.
+stage: stable
+
+# The most recent milestone for which work toward delivery of this KEP has been
+# done. This can be the current (upcoming) milestone, if it is being actively
+# worked on.
+latest-milestone: "v1.21"
+
+# The milestone at which this feature was, or is targeted to be, at each stage.
+milestone:
+  stable: "v1.21"
+
+# The following PRR answers are required at alpha release
+# List the feature gate name and the components for which it must be enabled
+feature-gates: []
+disable-supported: true
+
+# The following PRR answers are required at beta release
+metrics:
+  - apiserver_admission_controller_admission_duration_seconds_bucket{name="DenyServiceExternalIPs", ...}