THE NEW PROFITEERS: NSA LEAK SCANDAL PRESENTS OPPORTUNITY FOR ENCRYPTION COMPANIES

June 12, 2013

Revelations that the National Security Agency is gathering vast amounts of data about the phone and Internet communications of hundreds of millions of people has been good news for at least one group of entrepreneurs — those selling online encryption services that promise to shield email, text and voice from surveillance.

 

Seecrypt and Silent Circle, two firms that offer encryption services for individuals and businesses, say they have seen a wave of interest in their products since last week’s revelations about the NSA’s collection of electronic data from Internet and phone companies.

 

“There’s been a massive spike in demand [for encryption] on the back of this story,” said Harvey Boulter, CEO of Seecrypt, a South Africa-based firm that offers its product initially as a free download. Subscribers pay $3 a month after the first three months.

 

The full article appears on Washington Times.

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