I disagree with the article, I see it as US companies have lost a lot more business than the article mentions. IBM and Cisco have both been lower sales in China and Brazil. And the potential threat to your security by ordering a US electronic product is scary. It's interesting the US government was not allowing US Telecom companies to buy Chinese made equipment due to the perceived security risks, and now it turns out US equipment has been compromised. And it has been mentioned, that the NSA may be deliberately making it easier to compromise privacy, which is making is increasing the risk from other parties. And if your using Snapchat to increase your privacy, I would be careful...

The good news is long term, the revelations will increase the security of personal data. There are a lot of troubling longer term issues which are scary. The fact your Smart Phone has so much data on you, can be easily hacked, and tracks you is troubling. How facial recognition software will decrease your privacy. And the increased use of license plate readers will not help.

References:

How the NSA Almost Killed the Internet - Wired

Bruce Schneir has great essay that was published in the Atlantic:
How the NSA Threatens National Security - The Atlantic

The article in the on the tool box of the NSA was horrifying:
Inside TAO: Documents Reveal Top NSA Hacking Unit - Der Speigel

Will Snapchat users' illusion of privacy vanish? - SF Chronicle

Labels: privacy, US Chinese Image