Nitpickers aside (yes, what they had they may still have or at least in digest form) this is a single instance of a tidal wave of people doing this. EU datacenters are doing quite well because of the NSA revelations.
The economic impact of this could very well counteract any net plus the US had while they were able to spy at will. Likely it's not going to be the same parties that will end up footing the bill.
The practical effect from a security point of view of this exodus is likely not very significant, I take it as read that EU pipes & major hubs are also bugged in much the same way, possibly even by the NSA and their friends with tacit approval or blind-eye-turning of local authorities, presumably under some data sharing agreement.
Just this morning it was revealed that Belgacom (the Belgian major telco) has concluded that their communications are being spied on and I'm sure that even though the Belgian government is reacting very much upset about this that when the final verdict is in we'll find that that very same government at some level of the bureaucracy knew about this since day one.
Plausible deniability will protect those in charge.
So, you can move your data around as much as you want, it won't make much more than symbolic difference unless you go to really exotic or lawless places.
Maybe Switzerland or Iceland could re-invent themselves as data bastions but that would merely shift the attention to lines running into and out of those places.
The economic impact of this could very well counteract any net plus the US had while they were able to spy at will. Likely it's not going to be the same parties that will end up footing the bill.
The practical effect from a security point of view of this exodus is likely not very significant, I take it as read that EU pipes & major hubs are also bugged in much the same way, possibly even by the NSA and their friends with tacit approval or blind-eye-turning of local authorities, presumably under some data sharing agreement.
Just this morning it was revealed that Belgacom (the Belgian major telco) has concluded that their communications are being spied on and I'm sure that even though the Belgian government is reacting very much upset about this that when the final verdict is in we'll find that that very same government at some level of the bureaucracy knew about this since day one.
Plausible deniability will protect those in charge.
So, you can move your data around as much as you want, it won't make much more than symbolic difference unless you go to really exotic or lawless places.
Maybe Switzerland or Iceland could re-invent themselves as data bastions but that would merely shift the attention to lines running into and out of those places.