AT&T Risks Hit to Reputation After Report of Data Spying for NSA

Source: National Cyber Security – Produced By Gregory Evans

(Bloomberg) — AT&T Inc.s reputation may take a blow from reports suggesting the telecommunications company had a deeper level of involvement in U.S. government surveillance programs than had previously been disclosed, analysts said. AT&T had a longstanding relationship with the National Security Agency that may have superseded those of competitors, the New York Times reported Saturday. Documents provided by former government contractor Edward Snowden that were reviewed jointly by the newspaper and investigative journalism group ProPublica described AT&Ts relationship as highly collaborative with the NSA. Its no secret phone companies have been compelled by various agencies to turn over data as part of U.S. surveillance programs since the Sept. 11 attacks. Whats unusual in the fresh revelations is the extent to which AT&T may have shown, in the words of one document, an extreme willingness to help. That may give AT&T a temporary image knock without hurting its long- term business, analysts said. They might get blow-back, Roger Entner, analyst at Recon Analytics LLC in Dedham, Massachusetts, said in a telephone interview. While he expects no effect on the companys stock price, this story is one of those triggers that will let them evaluate if they want to continue this […]

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