Global Markets React to UK’s Decision to Exit European Union

British voters cast their ballots yesterday regarding the United Kingdom’s Brexit referendum, and surprising to many, the country has opted to exit the European Union. Shortly after the results were announced, British Prime Minister David Cameron announced he would resign his position later this year, while leaders in Northern Ireland and Scotland have indicated they will seek independence referendums in order to reenter the EU. The immediate response has been a dramatic ripple effect in markets worldwide with expectations for future uncertainty and potential crises. The tech industry, which often benefits from the EU’s liberal trade and economic policies, will likely be impacted. Continue reading Global Markets React to UK’s Decision to Exit European Union

U.K. Plans to Ban Advanced Encryption to Combat Terrorists

In response to Edward Snowden’s revelations of government surveillance of ordinary citizens, many Internet and social media companies responded by creating encryption so advanced that even they couldn’t read users’ communications. Now, many critics say, terrorists and other criminals are using those same platforms because their messages will be safely encrypted from prying eyes of intelligence and government authorities. Among the strongest critic is the U.K. government, which is proposing that such encryption be illegal. Continue reading U.K. Plans to Ban Advanced Encryption to Combat Terrorists

Silicon Valley and Security Experts Face Off Over Encryption

A group of 14 preeminent international cryptographers and computer scientists reported that offering government access to encrypted communications puts the world’s confidential data and infrastructure at risk. The report is in response to demands by the U.S. and British governments that technology companies provide a digital key for encrypted data. Conflict has been heating up between privacy advocates and government agencies over encryption, and the report is the latest move by technologists to counter government demands. Continue reading Silicon Valley and Security Experts Face Off Over Encryption