Foreign competitors taking advantage of NSA’s leaks

Technology

Foreign competitors taking advantage of NSA’s leaks

Not only are Americans suspicious of NSA, but according to bizjournal.com Washington bureau, Foreign competitors are looking to aggressively grow their market s...

Federal News Network Staff

August 13, 2013 12:13 pm

< a min read

Not only are Americans suspicious of NSA, but according to bizjournal.com Washington bureau, Foreign competitors are looking to aggressively grow their market share in cloud computing because of concerns raised by the National Security Agency’s PRISM program. Bizjournals.com reports U.S. cloud computing companies could lose $22 billion to $35 billion in revenue over the next three years because of foreign customers’ concerns about the privacy of their data.