We find ourselves in the middle of one of the greatest wealth transfer periods of all time. Those with wealth must decide whether they want to make transfers, and if they do, they must decide how much, to whom, when and in what structure?
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Fingers have been pointed at Broomfield-based Level 3 Communications Inc., and Internet backbone provider, whose cables are used by Google and Yahoo.
The article, published Monday by Nicole Perlroth and John Markoff at the Times, said those interception points could have been approved by Level 3, who owns the cable infrastructure that the majority of America’s web traffic travels through.
“People knowledgeable about Google and Yahoo’s infrastructure say they believe that government spies bypassed the big Internet companies and hit them at a weak spot – the fiber-optic cables that connect data centers around the world that are owned by companies like Verizon Communications, the BT Group, the Vodafone Group and Level 3 Communications,” Perlroth and Markoff wrote.
“It is impossible to say for certain how the NSA managed to get Google and Yahoo’s data without the companies’ knowledge,” the Times article continued, “But both companies, in response to concerns over those vulnerabilities, recently said they were now encrypting data that runs on the cables between their data centers.”
According to venturebeat.com, Level 3 released a statement saying, “It is our policy and our practice to comply with laws in every country where we operate, and to provide government agencies access to customer data only when we are compelled to do so by the laws in the country where the data is located.”
Phone messages left with Level 3 Communications on Tuesday requesting comment were not returned.
Read New York Times story here.