General Discussion

Katashi_itto

(10,175 posts)

6. Although your right, thats not the issue here.

Thu Sep 12, 2013, 10:50 AM

Sep 2013

It's the US that got caught with it's hand in the cookie jar.

The NSA Leaks Are Starting To Hit The Bottom Lines Of Tech Companies
Revelations about vast US data collection programs are starting to hit American tech companies, which are ramping up pressure for increased transparency to try to mitigate the damage.

An industry group, the Cloud Security Alliance said last month that 10 percent of its non-US members have cancelled a contract with a US-based cloud provider, and 56 percent said they were less likely to use an American company.

A separate report this month by the Information Technology & Innovation Foundation, or ITIF, a Washington think tank, said US cloud providers stand to lose $22 billion to $35 billion over the next three years due to revelations about the so-called PRISM program....

http://www.democraticunderground.com/10023653199

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Tech analyst: NSA 'will kill the U.S. technology industry singlehandedly' [View all] Katashi_itto Sep 2013 OP

K&R n/t 1awake Sep 2013 #1

Who will verify these reforms? The tech industry which has been in bed with the NSA? jsr Sep 2013 #2

It has appears that most of the tech industry has been under the gun of the government to cooperate. avaistheone1 Sep 2013 #8

Some elements of the NSA would love that. Dash87 Sep 2013 #3

This is the just the first inklings of the blowback thats to come... Katashi_itto Sep 2013 #4

I eagerly hope so. n/t L0oniX Sep 2013 #9

There's a wee problem with this analysis jeff47 Sep 2013 #5

Although your right, thats not the issue here. Katashi_itto Sep 2013 #6

And when they discover their "new" country does the same? jeff47 Sep 2013 #7

It will become like NAFTA, companies perpetually looking for data havens. Either way it won't come Katashi_itto Sep 2013 #11

The entire point is there are no data havens. jeff47 Sep 2013 #12

Yep there are no Data Havens but that won't stop the flight from US companies. Katashi_itto Sep 2013 #13

I keep thinking about the Keynesian aspect of all this. nebenaube Sep 2013 #26

Agree, the economic ripples will become a tsunami Katashi_itto Sep 2013 #32

This could be quite a battle for power. Both giants have enormous power and influence. liberal_at_heart Sep 2013 #10

Kicked and recommended. Uncle Joe Sep 2013 #14

Thank you! Katashi_itto Sep 2013 #18

Sheeeeat. One thing I know, the minute privacy becomes profitable it will flourish 1-Old-Man Sep 2013 #15

Exactly! Thats what will drive the flight from US companies to anywhere that Katashi_itto Sep 2013 #16

Well said. 1-Old-Man Sep 2013 #19

Thanks Katashi_itto Sep 2013 #20

K & R !!! WillyT Sep 2013 #17

Broader than that -- the fundamental currency of business is trust. KurtNYC Sep 2013 #21

Rumor: U.S. Energy companies moving data from here to Eleanors38 Sep 2013 #22

Not really a rumor: Gov Spying Boosts Swiss Data Center Revenues Katashi_itto Sep 2013 #23

Those were the figures I heard. Thanx for the source. Eleanors38 Sep 2013 #34

Oh no problem, I didnt find anything about Energy, but I would say it's quite reasonable Katashi_itto Sep 2013 #35

K&R If only someone could've predicted this, years ago. Egalitarian Thug Sep 2013 #24

Hehe Katashi_itto Sep 2013 #25

Key point. I'm surprised there hasn't been more of an outcry BelgianMadCow Sep 2013 #27

Good lord the eventual blowback is going to devestating. Katashi_itto Sep 2013 #28

Open source software is pretty good and stable nadinbrzezinski Sep 2013 #30

Here's some excellent Open Source software that I use: BelgianMadCow Sep 2013 #33

Yup, some of us wrote about that early in the scandal nadinbrzezinski Sep 2013 #29

The NSA probably works with foreign tech companies for back doors too. gulliver Sep 2013 #31