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Despite hacking charges, U.S. tech industry fought to keep ties to Russia spy service
Reuters ^

Posted on 06/30/2017 1:15:41 PM PDT by ameribbean expat

New U.S. sanctions put in place by former President Barack Obama last December - part of a broad suite of actions taken in response to Russia's alleged meddling in the 2016 presidential election - had made it a crime for American companies to have any business relationship with the FSB, or Federal Security Service.

SNIP

But the sanctions also threatened to imperil the Russian sales operations of Western tech companies. Under a little-understood arrangement, the FSB doubles as a regulator charged with approving the import to Russia of almost all technology that contains encryption, which is used in both sophisticated hardware as well as products like cellphones and laptops.

Worried about the sales impact, business industry groups, including the U.S.-Russia Business Council and the American Chamber of Commerce in Russia, contacted U.S. officials at the American embassy in Moscow and the Treasury, State and Commerce departments, according to five people with direct knowledge of the lobbying effort.

The campaign, which began in January and proved successful in a matter of weeks, has not been previously reported.

In recent years, Western technology companies have acceded to increasing demands by Moscow for access to closely guarded product security secrets, including source code, Reuters reported last week.

Russia's information technology market is expected to reach $18.4 billion this year, according to market researcher International Data Corporation.

(Excerpt) Read more at mobile.reuters.com ...


TOPICS: Business/Economy; Russia
KEYWORDS: russiahacking

1 posted on 06/30/2017 1:15:41 PM PDT by ameribbean expat
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To: ameribbean expat

What always surprises me is people using products from Kapersky. That always seemed like a double edged sword.


2 posted on 06/30/2017 1:20:06 PM PDT by ImJustAnotherOkie
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To: ImJustAnotherOkie
Stupid is as Stupid does.
3 posted on 06/30/2017 1:22:33 PM PDT by Chgogal (I will NOT submit, therefore, Jihadists hate me.)
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To: ImJustAnotherOkie

...but they are darn good.


4 posted on 06/30/2017 3:41:21 PM PDT by BobL (In Honor of the NeverTrumpers, I declare myself as FR's first 'Imitation NeverTrumper')
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To: BobL

I always think of Munchausen by Proxy.


5 posted on 06/30/2017 4:05:39 PM PDT by ImJustAnotherOkie
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