From an economic standpoint, foreign companies are winning an increasing number of contracts because consumers are unwilling to buy products that ensure third party access or require that keys be stored with government certified or operated facilities. This is particularly true since they can buy stronger encryption overseas from either foreign-owned companies or American owned companies on foreign soil. We must act quickly and prudently in addressing this problem.
Angie Craig: “From an economic standpoint, foreign companies are winning an increasing number of contracts because consumers are…”
On the recordJuly 15, 1998
Source
govinfo.govEditor's note · Context
Discussing the impact of foreign competition on encryption technology contracts.
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