NSA Killing Business for Cloud Providers

It looks like the NSA PRISM scandal will cost businesses in the US between $22~35 billion over the next few years. Big surprise. Would you want to store your data with a company that has no choice but to bend over for the NSA?

http://www.businessinsider.com/prism-the-nsa-leaks-are-starting-to-hit-the-bottom-lines-of-tech-companies-2013-8?IR=T

A separate report this month by the Information Technology & Innovation Foundation, or ITIF, a Washington think tank, said US cloud providers stand to lose $22 billion to $35 billion over the next three years due to revelations about the so-called PRISM program.

I have one server in the US, and will be shutting it down. And it’s in large part because I simply have no faith in the US.

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