NSA Spying Risks Undermining Trust In U.S. Cloud Computing Businesses, Warns Kroes

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http://techcrunch.com – The NSA spying scandal risks undermining trust in U.S. cloud computing businesses, the European Commission’s vice-president, Neelie Kroes, has warned in a speech today. Kroes also reiterated calls for “clarity and transparency” from the U.S. regarding the scope and nature of its surveillance and access to data on individuals and businesses living and conducting business in Europe in order to avoid a knock-on effect on cloud businesses. Loss of Europeans’ trust could result in “multi-billion euro consequences” for U.S. cloud providers, she added. Kroes was s (IT news)