It's official: NSA spying is hurting the US tech economy

[InfoSec News <alerts () infosecnews org>]

http://www.zdnet.com/article/another-reason-to-hate-the-nsa-china-is-backing-away-from-us-tech-brands/

By Zack Whittaker
Zero Day
ZDNet News
February 25, 2015

China is no longer using high-profile US technology brands for state 
purchases, amid ongoing revelations about mass surveillance and hacking by 
the US government.

A new report confirmed key brands, including Cisco, Apple, Intel, and 
McAfee -- among others -- have been dropped from the Chinese government's 
list of authorized brands, a Reuters report said Wednesday.

The number of approved foreign technology brands fell by a third, based on 
an analysis of the procurement list. Less than half of those companies 
with security products remain on the list.

Although a number of reasons were cited, domestic companies were said to 
offer "more product guarantees" than overseas rivals in the wake of the 
Edward Snowden leaks. Some reports have attempted to pin a multi-billion 
dollar figure on the impact of the leaks.

In reality, the figure could be incalculable.

[...]



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