TOTAL: {[ getCartTotalCost() | currencyFilter ]} Update cart for total shopping_basket Checkout

Daily Dashboard | NSA Leaks Usher In Privacy Tech Profits Related reading: OMB to issue government-wide AI risk mitigation directive

rss_feed

""

""

Financial Times reports on the burgeoning privacy-enhancing technology business and the rising profits stemming from Edward Snowden’s surveillance disclosures. Businesses and governments, in addition to journalists, are demanding encryption services for protection. Silent Circle, which offers text and phone encryption services, is used by 16 of the Fortune 50 companies. Silent Circle CEO Mike Janke said, “We were growing 100 percent a year before the NSA/PRISM scandal; now we are growing at 400 percent.” He added, “Ten years ago, if you had encryption on a device, people asked what you are hiding. Now if you’re a businessperson and you don’t have it, people ask if you’re stupid.” Capital is also being invested in the privacy tech industry. All Things D reports that privacy startup Personal, which offers a digital vault service, has raised $4.5 million. According to USA Today, Yahoo will begin default encryption services in January. (Registration may be required to access this story.)
Full Story

Comments

If you want to comment on this post, you need to login.