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14 Jun, 2013

Bloomberg: US Agencies Actually Share Data With Thousands of Firms | Gizmodo India

Bloomberg is reporting that the recent NSA Prism scandal is just a tiny scratch on the privacy surface. Citing “”four people familiar with the process””, the agency claims that in fact thousands of technology, finance and manufacturing companies work with US national security agencies.

In return for providing “”sensitive information””, Bloomberg claims these companies receive benefits “”that include access to classified intelligence.”” The news agency explains that many internet and telecom companies don’t just hand over the details of their customers’ private communications, but also details like equipment specifications, too.

While there’s no list of named companies the article does claims that “”makers of hardware and software, banks, Internet security providers, satellite telecommunications companies and many other companies”” all participate in government programs to supply data. It goes on to explain that the data is often used to both defend the nation and attack others.

Read the rest: Bloomberg: US Agencies Actually Share Data With Thousands of Firms | Gizmodo India.