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US Cloud Computing Industry Stands to Lose Billions Due to Impact of NSA Surveillance

US Cloud Computing Industry Stands to Lose Billions Due to Impact of NSA Surveillance | Cloud Central | Scoop.it

The cloud computing industry is particularly vulnerable to the effects of NSA bulk surveillance, and could lose billions in the next three to five years, according to a new study.

Peter Azzopardi's insight:

The costs under review are those to the broader economy, and to US interests and the global internet community, or those costs which are a by-product of the PRISM program leaked by Edward Snowden and published in the Guardian, the Washington Post and elsewhere in June 2013.

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Report: NSA secretly exploited devastating Heartbleed bug for years (Update: NSA denies)

Report: NSA secretly exploited devastating Heartbleed bug for years (Update: NSA denies) | Cloud Central | Scoop.it
News of the Heartbleed bug has brought the Web to its knees, and Bloomberg says the NSA has been exploiting it for at least two years.
Peter Azzopardi's insight:

A September Snowden-supplied revelation revealed that the NSA can easily defeat many of today’s encryption technologies, and in an aside that now seems precognizant, the SSL protocol was then rumored to be a particular favored target for the Agency.

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Trust me: Big data is a huge security risk

Trust me: Big data is a huge security risk | Cloud Central | Scoop.it
Fear the Hadoop! It'll expose your company data to unwashed hacker hordes! Luckily, this new big data security product fixes everything
Peter Azzopardi's insight:

The real security problem with Hadoop in particular and big data in general isn't with everyday access rights -- that took all of 10 minutes for the vendors and open source community to solve.

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Cloud computing 2014: Moving to a zero-trust security model

Cloud computing 2014: Moving to a zero-trust security model | Cloud Central | Scoop.it
Instead of scaring businesses away from using hosted services, as some experts predicted, the leaking of classified documents detailing NSA data collection activities are driving some long overdue changes in enterprise and service provider security...
Peter Azzopardi's insight:

Admittedly at the end of the day, the market is a far more secure place today than it was pre-NSA PRISM programme.

 

 

Image courtesy of http://blog.equinix.com

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Apple, Google, Microsoft, and others launch campaign for NSA reform

Apple, Google, Microsoft, and others launch campaign for NSA reform | Cloud Central | Scoop.it

Eight of the biggest companies in technology have united to speak out against the NSA's leaked surveillance programs and demand sweeping reforms. AOL, Apple, Facebook, Google, LinkedIn, Microsoft, Twitter, and Yahoo have all signed a letter to President Obama and Congress that The Hill reports will run in national print ads on Monday.

Peter Azzopardi's insight:

"The security of users' data is critical, which is why we've invested so much in encryption and fight for transparency around government requests for information," says Google CEO Larry Page.

 

I still believe that encryption does not complete the job. The ultimate security is relinquishing control of the encryption key and passing it on directly to the user. Very similar to what mega.co.nz already does. Of course, if you lose your password you lose your data but somewhere along the line the user has to be responsible for his/her own data.

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Pascal Kotté's curator insight, December 9, 2013 4:02 PM

En voila une bonne idée, au moins l'intention... Ceci dit, au vu des millions que cette histoire leur a, et va leur coûter encore, je comprends leurs motivations. Toutefois, je doute que cela suffise, car j'espère bien que PRISM aura donné une meilleure compréhension de ce que peut signifier la "Gouvernance de l'information", à ne pas confondre avec la "Gouvernance de l'IT"... ;)

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The NSA has a smiley face problem

The NSA has a smiley face problem | Cloud Central | Scoop.it
Allegations that the NSA is secretly harvesting millions of records from Google and Yahoo data centers outrages the tech giants. 'It underscores the need for urgent reform,' says Google's David Drummond.
Peter Azzopardi's insight:

As if PRISM wasn't enough now we hear of a secret data gathering program, codenamed MUSCULAR

 

"Unlike the PRISM project, which requires authorization under Section 702 of the Foreign Intelligence Surveillance Act and is overseen by the Foreign Intelligence Surveillance Court, the MUSCULAR program allegedly worked under the radar."

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Boffins propose NSA-proof crypto for cloud computing

Boffins propose NSA-proof crypto for cloud computing | Cloud Central | Scoop.it

It's more likely that the NSA has devoted its efforts to key capture and side-channel attacks rather than brute-forcing its way through ciphertext en masse - but it's also true that our crypto maths won't last forever.

Peter Azzopardi's insight:

Link to the paper is on site.

 

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Europe pushes own digital ‘cloud’ in wake of US spying scandal

Europe pushes own digital ‘cloud’ in wake of US spying scandal | Cloud Central | Scoop.it
The European Commission will redouble efforts to promote EU-based cloud services this autumn - including the urgent drafting of a new charter - amid mounting evidence that the US Prism spying scandal may damage the global market share of...
Peter Azzopardi's insight:

The EU will be trying to limit the damage to their cloud aspirations by distancing themselves from the Prism spying scanfal. Not sure how easy that will be.

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Oh Google. Of course email users expect privacy -- you promised it to them

Oh Google. Of course email users expect privacy -- you promised it to them | Cloud Central | Scoop.it
The company has claimed in a legal document that Gmail users and their correspondents have “no legitimate expectation of privacy”. Only that’s not quite how Google sells its services.
Peter Azzopardi's insight:

To be fair to Google, advertising is their livelihood and scanning our emails for leading words is nowhere as intrusive as what the NSA did with their PRISM programme. Nonetheless, one should throw caution to the wind. If the scanning criteria had to be widened, I would be the first to show apprehension.

 

The Cloud concept depends on trust. Take trust out of the formula and cloud will fail. It's like putting money in a bank, you are meant to sleep well once you deposit your hard earned cash there. The same goes for storage and other cloud services.

 

The industry finds itself at a crossroad. It is up to the big players, the ones that are already factoring in their profits. Either they find a way to put every users' head at rest or face many years of uncertainty.

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PRISM spy storm could see UK and US cloud computing customers flee overseas

PRISM spy storm could see UK and US cloud computing customers flee overseas | Cloud Central | Scoop.it
Countries with more stringent privacy laws could see secure cloud solutions boom
Peter Azzopardi's insight:

The PRISM story is a sad day for the cloud. Hopefully we can survive this bad press and move forward

 

 

 

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European and US cloud providers go head-to-head after NSA revelations

European and US cloud providers go head-to-head after NSA revelations | Cloud Central | Scoop.it
European cloud providers think the U.S. spy scandal will result in more enterprises choosing local alternatives over the likes of Amazon Web Services and Rackspace, which, on the other hand, are adamant that they aren't taking part in programs such...
Peter Azzopardi's insight:

It is unfortunate but the damage done to security and privacy in the cloud will effect both sides the Atlantic.

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INFOGRAPHIC: Which tech companies are looking out for your privacy?

INFOGRAPHIC: Which tech companies are looking out for your privacy? | Cloud Central | Scoop.it
The Electronic Freedom Foundation calls out Sonic.net for actively protecting personal data from the government, and Verizon, AT&T and Apple for, well, not.
Peter Azzopardi's insight:

After we have learnt that the National Security Agency's PRISM  programme tapped directly into the servers of most of the web's largest companies, monitoring user's search history, the content of emails, file transfers, and live chats this infographic importance takes on a new meaning.

 

Shame on Verizon, AT&T and Apple!

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luiy's curator insight, June 10, 2013 3:26 PM

Twitter and Sonic.net took top scores in a new Electronic Freedom Foundation (EFF) report rating tech companies' stewardship of users' personal data and their willingness to hand over data to the government. The two companies got high marks on each of the EFF's six privacy best practices categories, which include things like "require a warrant for content," "tell users about government data demands," and "publish transparency reports."


On the other end of the scale were Verizon, AT&T and Apple. Verizon failed to get a star in even one category, while AT&T and Apple earned just one apiece. 

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Stormy days for the cloud

Stormy days for the cloud | Cloud Central | Scoop.it
Shaken confidence in the American cloud industry could cost it $180 billion, or 25 percent, by 2016, with much of that revenue going to foreign competitors in Australia, Germany and France.
Peter Azzopardi's insight:

For the oddest of reasons the author appears to put the entire blame on Edward Snowden ignoring the fact that it was the NSA's PRISM program that was in breach of privacy laws.

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Should Australian businesses fear US cloud vendors?

Should Australian businesses fear US cloud vendors? | Cloud Central | Scoop.it
Don’t let drama over data sovereignty dictate a business’s IT strategy, warn experts on privacy and cloud computing.
Peter Azzopardi's insight:

The only differences between the spying that Snowden revealed in the US and what’s happening in Australia and other nations are that the US activity has been exposed and the Americans have greater spying resources,

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Investors Drop Big Money On Dropbox So It Can Beat Box

Investors Drop Big Money On Dropbox So It Can Beat Box | Cloud Central | Scoop.it

Dropbox is raising between $250 million to $400 million at a $10 billion valuation according to the Wall Street Journal and Re/Code. Why? Because

Peter Azzopardi's insight:

It will be interesting to see how the storage market will develop once the cloud is an established part of every day computing. Dropbox and Box are no strangers to this industry and are arguably as entrenched as the larger more traditional players. That said there are plenty of other players vying to take a piece of this pie. Mega, 4Sync and SugarSync are 3 that quickly come to mind but there are others. The world of cloud computing post-NSA's spying scandal is going to be about security and those companies that offer the safest option are the ones that are most likely to succed (or perhaps even become targets of a taken over).

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NSA paid $10 million to put their backdoor in RSA encryption, according to Reuters report

NSA paid $10 million to put their backdoor in RSA encryption, according to Reuters report | Cloud Central | Scoop.it
When leaked documents claimed to have caught the NSA inserting bad protocols into the national standards board NIST, it raised more questions than answers. Why would the NSA go to the trouble of inserting a inferior standard into NIST's set of four, when most cryptographers would simply ignore the bad algorithm in favor of the others?
Peter Azzopardi's insight:

Ten million is no joke and it would coerce most people, which suggests that encryption on its own will not work. Pass the encryption key to the user and all is solved. Mega.co.nz already does this which is why I will always suggest them for storage needs.

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Yahoo Will Follow Google In Encrypting Data Center Traffic, Customer Data Flow By Q1 ’14

Yahoo Will Follow Google In Encrypting Data Center Traffic, Customer Data Flow By Q1 ’14 | Cloud Central | Scoop.it
Yahoo has announced this morning that it will make all traffic flowing between its data centers encrypted by Q1 of 2014. This follows moves by other companies..
Peter Azzopardi's insight:

Privacy & security are fundamental to this industry and programs like  MUSCULAR are nothing more than a slap in the face. I applaud Yahoo for following Google's footsteps.

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Open source app dev platform aims to ensure privacy in the cloud

Open source app dev platform aims to ensure privacy in the cloud | Cloud Central | Scoop.it
SpiderOak's Crypton Web application development platform crunches data in a browser-based client instead of the cloud
Peter Azzopardi's insight:

Using this type of architecture, user data is always encrypted when it's in the cloud. Even if an intelligence agency or hacker gets access to it in the cloud, or during its journey to or from the cloud, it's unusable.

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Revealed: how US and UK spy agencies defeat internet privacy and security

Revealed: how US and UK spy agencies defeat internet privacy and security | Cloud Central | Scoop.it
• NSA and GCHQ unlock encryption used to protect emails, banking and medical records • $250m-a-year US program works covertly with tech companies to insert weaknesses into products • Security experts say programs 'undermine the fabric of the internet'...
Peter Azzopardi's insight:

All the models on cloud adoption, all those projected revenues, count for nothing with such damning news. Companies with sensitive data will be reluctant to store their data outside their premises if they cannot feel secure.

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Dominik Bláha's curator insight, September 24, 2013 2:27 PM

Until this article I didn't realized what did Snowden do. All I heard was only reports on where he is now and where he is not and that he pissed of USA security agencies... Anyway is anybody there really surprised that this NSA thing happened?

On the other hand now when it is known that HTTPS and SSL are penetrable in real time it won't take long for others to get through it. So what will be the next step?

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Prism revelations drive users from US cloud providers - WhaTech

Prism revelations drive users from US cloud providers - WhaTech | Cloud Central | Scoop.it
A survey of users of cloud computing from around the world has found many to be reluctant to use US-based services as a result of revelations about the US Government’s surveillance network, Prism, by US whistleblower Edward Snowden.
Peter Azzopardi's insight:

The loss in potential cloud earnings should be felt all around but mostly in the US. Foreign entities will now be weary of the US. That said, many would argue, that if the NSA can do it then why not the other Sercret Services in other countries?

 

 

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Cloud Infographic: FBI's Magic Lantern

Cloud Infographic: FBI's Magic Lantern | Cloud Central | Scoop.it
FBI - With much of the discussion over the past several weeks surrounding government spy programs on the general public.
Peter Azzopardi's insight:

Paranoia from both sides, security services and businesses that deal with confidential data, are the brakes for total cloud deployment.

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Paul Gagnon's curator insight, August 10, 2013 9:15 PM

Watch what you right...

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One lesson from the NSA scandal: Find out where your cloud provider's data centers are located

One lesson from the NSA scandal: Find out where your cloud provider's data centers are located | Cloud Central | Scoop.it
As the recent NSA scandal has shown, the security of the cloud is not a given. As with real estate, location is critical — and where you data is hosted can determine how safe it is.
Peter Azzopardi's insight:

Wise words!

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Thanks, NSA, you're killing the cloud

Thanks, NSA, you're killing the cloud | Cloud Central | Scoop.it
The current NSA scandal raises a ton of questions -- and gives enterprises another excuse to resist the cloud
Peter Azzopardi's insight:

Confidence in the cloud's security has always been questionable. The NSA's actions will certainly not have strenghtened the notion that your data is safe and private only to yourself.

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