NSA's Prism Could Cost U.S. Cloud Companies $45 Billion - InformationWeek

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NSA's Prism Could Cost U.S. Cloud Companies $45 Billion
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Laurianne
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Laurianne,
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8/15/2013 | 3:46:55 PM
re: NSA's Prism Could Cost U.S. Cloud Companies $45 Billion
Staten, a longtime cloud industry expert, is not known for over-estimating, which makes his prediction all the more worth noting.
Thomas Claburn
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Thomas Claburn,
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8/15/2013 | 8:13:03 PM
re: NSA's Prism Could Cost U.S. Cloud Companies $45 Billion
Former Citibank CEO Walter Wriston observed that capital goes where it's wanted and stays where it's well-treated. Since modern currency is just data, data flight from the U.S. cloud industry isn't a surprising outcome given the unwillingness of U.S. authorities to accept limits on surveillance.
Michael Endler
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Michael Endler,
User Rank: Author
8/17/2013 | 6:05:18 AM
re: NSA's Prism Could Cost U.S. Cloud Companies $45 Billion
If and when Snowden finally stands trial, I wonder if stats like this one will be used to demonstrate how his leaks hurt American interests. It wouldn't be much different than what prosecutors argued in the Bradley Manning case. The Manning case involved national security, whereas these stats refer to economic consequences-- but still, several parallels. As Snowden's many supporters demonstrate, a lot of people would argue the United States damaged its own interests by deploying PRISM to begin with. In a legal court, I have the feeling this sort of argument might be allowed to stand-- but in the court of public opinion, much more interesting question.
MarciaNWC
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MarciaNWC,
User Rank: Author
8/21/2013 | 9:31:43 PM
re: NSA's Prism Could Cost U.S. Cloud Companies $45 Billion
Not surprised that Prism on top of the Patriot Act would be a real headache for U.S. cloud providers. European cloud companies reportedly have been using the Patriot Act as a marketing tool against U.S. cloud companies.
WKash
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WKash,
User Rank: Author
8/22/2013 | 8:41:39 PM
re: NSA's Prism Could Cost U.S. Cloud Companies $45 Billion
There is a certain irony that federal agencies are still investing in their own private clouds to protect their data.


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