Become a fan of Slashdot on Facebook

 



Forgot your password?
typodupeerror

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

×
Privacy

NSA Internet Spying Sparks Race To Create Offshore Havens For Data Privacy 166

Posted by samzenpus
from the keeping-a-lid-on-it dept.
schwit1 writes "Some European leaders are renewing calls for a 'euro cloud,' in which consumer data could be shared within Europe but not outside the region. Brazil is fast-tracking a vote on a once-dormant bill that could require that data about Brazilians be stored on servers in the country. And India plans to ban government employees from using email services from Google and Yahoo Inc. It is too soon to tell if a major shift is under way. But the Information Technology and Innovation Foundation estimates that fallout from revelations about NSA activities could cost Silicon Valley up to $35 billion in annual revenue, much of it from lost overseas business. A survey conducted this summer by the Cloud Security Alliance, an industry group, found that 56% of non-U.S. members said security concerns made it less likely that they would use U.S.-based cloud services. Ten percent said they had canceled a contract. Even some companies that seek to profit from fears about U.S. snooping acknowledge that law-enforcement agencies in other countries want to catch up with Washington's capabilities. 'In the long run, there won't be any difference between what the U.S. or Germany or France or the U.K. is doing,' says Roberto Valerio, whose German cloud-storage company, CloudSafe GmbH, reports a 25% rise in business since the NSA revelations. 'At the end of the day, some agency will spy on you,' he says."
This discussion has been archived. No new comments can be posted.

NSA Internet Spying Sparks Race To Create Offshore Havens For Data Privacy

Comments Filter:

"Who alone has reason to *lie himself out* of actuality? He who *suffers* from it." -- Friedrich Nietzsche

Working...