{"id":29284,"date":"2015-02-18T07:41:33","date_gmt":"2015-02-18T12:41:33","guid":{"rendered":"http:\/\/www.opensource.im\/uncategorized\/nsa-equation-fallout-experts-say-damage-to-us-tech-firms-could-top-180b.php"},"modified":"2015-02-18T07:41:33","modified_gmt":"2015-02-18T12:41:33","slug":"nsa-equation-fallout-experts-say-damage-to-us-tech-firms-could-top-180b","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/nsa-spying\/nsa-equation-fallout-experts-say-damage-to-us-tech-firms-could-top-180b.php","title":{"rendered":"NSA \u2018Equation\u2019 Fallout: Experts Say Damage To US Tech Firms Could Top $180B"},"content":{"rendered":"<p><p>    Revelations that the National Security Agency implanted spyware    into hard drives sold by top American tech manufacturers stand    to further damage the international sales of those vendors and    further degrade the U.S. government's diplomatic relations with    countries, many already stinging from previous NSA spying    programs, abroad.  <\/p>\n<p>    This is yet another instance that has led to building this    viewpoint that the U.S. government and U.S. companies cannot be    trusted, and whether that is correct or not, its harder and    harder to combat that idea, said Jake Laperruque, the Center    for Democracy & Technologys fellow on Privacy,    Surveillance and Security. Thats going to cause problems for    U.S. businesses.  <\/p>\n<p>    The spyware, which has been dubbed Equation, was discovered    by Kaspersky Lab, a Russian security software maker that over    the past few years has built a reputation for uncovering    American cyberespionage operations. Kaspersky Lab revealed the    operation     late Monday evening.  <\/p>\n<p>    It is strongly believed that the NSA isbehind Equation    and has been building spyware directly into the firmware of    hard drives sold by companies like Western Digital, Seagate    Technology, Micron Technology and many others since 2001. That    spyware was then used to monitor the computer activities of top    foreign targets in countries like Iran, Russia, Pakistan,    Afghanistan, China and others, according to Reuters.  <\/p>\n<p>    Short of something major like Congressional action, its going    to be hard to break that narrative that we cant be trusted,    said Laperruque. The trust has been withered away so    significantly.  <\/p>\n<p>    Since the revelation of     PRISM in 2013, countless cyberespionage operations have    been tied to the NSA, damaging the U.S. governments    relationships around the globe. Equation is the latest example    of that and the \"icing on Snowden's cake,\" saidIgor    Baikalov, chief scientist at Securonix, asecurity analytics and    intelligence firm.  <\/p>\n<p>    \"While Kaspersky stopped short of attributing 'Equation Group'    activities to any specific entity, the list of clues discovered    and especially the list of targets leaves little doubt that    eventually it will be tied to NSA,\" Baikalov said. \"The    question is: does the U.S. government care anymore?\"  <\/p>\n<p>    Since whistleblower Edward Snowden came out two years ago with    revelations of widespread cyberespionage by the NSA, American    businesses have been negatively impacted as countries around    the globe lose their trust U.S.-made tech. Qualcomm, IBM,    Microsoft and Hewlett-Packard have been among companies whove    reporteddiminished sales in    Chinaas a result. In Brazil, Boeing missed out on    a$4.5 billion jet    contractdue to the NSAs activities. The total damage    to American tech businesses could amount to as much as $180    billion, according to an estimate byForrester Research's James    Staten.  <\/p>\n<p>    This will most certainly have a long-term impact on the brands    of the companies involved -- Seagate, Toshiba, and Western    Digital -- at the very least tainting their products as    suspicious, said Jim Gregory, chairman ofTenet, a brand innovation    and marketing firm. Their corporate brand will be impacted and    the damage will last from three to five years depending on how    actively they manage the crisis.  <\/p>\n<p>    As for companies that are concerned with what Equation could    mean for their own computer systems, there really isnt much    that can be done other than having an expert go through their    computer system code and manually ensure there is no spyware    installed. \"One cannot simply install any antivirus product off    the shelf and expect to be fully protected, even if you have    Kaspersky,\" said Brett Fernicola, chief information security    officer for STEALTHbits Technologies, a    provider of data security solutions.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>See the original post here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.ibtimes.com\/nsa-equation-fallout-experts-say-damage-us-tech-firms-could-top-180b-1819264\/RK=0\/RS=PRTyyQH8G5XlPk6KMNPoGLILs24-\" title=\"NSA \u2018Equation\u2019 Fallout: Experts Say Damage To US Tech Firms Could Top $180B\">NSA \u2018Equation\u2019 Fallout: Experts Say Damage To US Tech Firms Could Top $180B<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Revelations that the National Security Agency implanted spyware into hard drives sold by top American tech manufacturers stand to further damage the international sales of those vendors and further degrade the U.S. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-29284","post","type-post","status-publish","format-standard","hentry","category-nsa-spying"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/29284"}],"collection":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/comments?post=29284"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/29284\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=29284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=29284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=29284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}