“An industry group, the Cloud Security Alliance said last month that 10 percent of its non-US members have cancelled a contract with a US-based cloud provider, and 56 percent said they were less likely to use an American company.  A separate report this month by the Information Technology & Innovation Foundation, or ITIF, a Washington think tank, said US cloud providers stand to lose $22 billion to $35 billion over the next three years due to revelations about the so-called PRISM program. Daniel Castro, author of the report, says a loss of trust in US tech firms could lead to ‘protectionist’ measures that hurt the fast-growing cloud sector.”

http://www.rawstory.com/rs/2013/08/27/u-s-tech-sector-feels-pain-from-nsa-prism-revelations/

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