Ironic! NSA Revelations Are Actually Helping U.S. Tech Industry
Boon For Security & Encryption Sector
With more and more people and businesses alike opting to tackle encryption on their own by shifting to privacy-protected web browsers, encryption is expected to get easier with new entrants. Even though NSA has cracked down most of the ordinarily encrypted security around web email and financial transactions, Snowden himself stated that encryption can still be reliable if it’s strong and applied correctly.
"One of the results we see from Snowden is an increased awareness across the board about the incredible cyber insecurity," said James Denaro, a patent attorney with security training in Washington, who after hearing about the NSA’s spy game started adopting phone and text encryption as well to protect his clientele information.
One way to tackle the concerns about security breach is to adopt strong encryption methodologies within the companies, and this can be cultivated as a technology habit within the corporate offices where senior encryption users can train the employees to adapt to an encrypted web environment while accessing the company’s systems.
"Clients are now inquiring how they can protect their data overseas, what kinds of access the states might have and what controls or constraints they could put in with residency or encryption," said Gartner researcher Lawrence Pingree, former chief security architect at PeopleSoft, later at Oracle.
Richard Stiennon, a security industry analyst and author, predicted that security spending will rise sharply. He stated that after more companies encrypt, the NSA and other agencies will spend more to break through, accelerating a lucrative cycle. "They will start focusing on the encrypted data, because that's where all the good stuff is," Stiennon said.
Already, in a fiscal 2013 federal budget request from the intelligence community published this month by the Washington Post, officials wrote that investing in "groundbreaking cryptanalytic capabilities" was a top priority.
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