{"id":177253,"date":"2015-01-24T14:02:54","date_gmt":"2015-01-24T19:02:54","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/us-spy-program-has-financial-security-impacts-says-snowden.php"},"modified":"2015-01-24T14:02:54","modified_gmt":"2015-01-24T19:02:54","slug":"us-spy-program-has-financial-security-impacts-says-snowden","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/nsa-2\/us-spy-program-has-financial-security-impacts-says-snowden.php","title":{"rendered":"US spy program has financial, security impacts, says Snowden"},"content":{"rendered":"<p><p>    The U.S. National Security    Agency needs to consider the repercussions of its spying on    electronic communications and data, especially how that impacts    U.S. economic interests, former NSA analyst Edward Snowden said    today.  <\/p>\n<p>    Theres a big question on if    the potential intelligence we gain is worth the effort. Theyre    reducing the trust of the security in American products. This    is critical in American industry. It has a real cost, not just    moral but financially, said Snowden, speaking Friday via video    at a Harvard University conference on privacy in a networked    society. He also said the NSA must understand that the methods    it employs to secretly collect data can also be used against    the U.S.  <\/p>\n<p>    Snowden made international    headlines in 2013 after releasing classified U.S. government    documents that detailed the NSAs extensive spying programs.    Some of those documents, which are still being released, showed    that the NSA placed or attempted to insert back doors in    hardware, software and Web services from U.S. tech companies.    This discourages potential customers and has cost the U.S. at    least US$35 billion, said Snowden, citing studies.  <\/p>\n<p>    Snowden now resides in Russia    after the country granted him a three-year residency permit in    2014, as he expects to be prosecuted for his disclosures by the    U.S.  <\/p>\n<p>    Using encryption is still the    best way to keep data private, said Snowden. The leaked    documents show that the NSA still struggles to break encryption    programs like PGP and Tor. Instead of trying to crack encrypted    data, the NSA looks for other ways to obtain the    information.  <\/p>\n<p>    When they do attack, it is    through a weakness. The wall is high so rather than go over it,    they want to go around it or under it, Snowden said.  <\/p>\n<p>    Exploiting a weak point, like    a zero-day vulnerability, is one way that the NSA gets around    encryption. With many governments, companies and people using    the same technology, the same exploit that the U.S. government    uses can also be used by another entity to attack the U.S. And    while both countries may use the same exploit, the value of the    data they acquire varies tremendously, he said.  <\/p>\n<p>    Snowden offered the example    of North Korea, whose government computer systems the NSA has    been able to hack since 2010. Despite having this access, the    U.S. missed information on missile launches, leadership changes    and a recent hack that targeted Sony. The     massive attack, which exposed sensitive information from    the companys entertainment division, allegedly came from the    reclusive, Communist nation. The U.S. gained very little    information while North Korea was able to attack core U.S.    beliefs.  <\/p>\n<p>    If we have a weak end point    and they hack us once, it doesnt matter if we hacked them 10    times. If they hack us once, because they have that one common    standard, theyre far, far ahead. With Sony, everyone in the    country is saying that they are attacking our basic values. It    was so much [more] valuable for them than for us, he    said.  <\/p>\n<p>    As for who the NSA hires to    carry out its hacks, theyre not mystical hacker steroid guys.    A great portion of them are junior enlisted military guys,    Snowden said, adding that their training isnt exceptional.    This explains why the NSA publishes detailed guides on how its    staff obtains information.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Go here to read the rest:<\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.pcworld.com\/article\/2874892\/us-spy-program-has-financial-security-impacts-says-snowden.html\/RK=0\/RS=dRQHGUXsNH7nlyk94ijNkz7cNns-\" title=\"US spy program has financial, security impacts, says Snowden\">US spy program has financial, security impacts, says Snowden<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> The U.S.  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/nsa-2\/us-spy-program-has-financial-security-impacts-says-snowden.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[261463],"tags":[],"class_list":["post-177253","post","type-post","status-publish","format-standard","hentry","category-nsa-2"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/177253"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=177253"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/177253\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=177253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=177253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=177253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}