MIT's Crytophone Round-Up

Ever since Edward Snowden came forward with a trove of secret documents about the National Security Agency, business has been booming for Les Goldsmith, CEO of ESD America.

Goldsmith’s company sells a $3,500 “cryptophone” that scrambles calls so they can’t be listened in on. Until recently, the high-priced smartphone was something of a James Bond–style novelty item. But news of extensive U.S. eavesdropping on people including heads of state has sent demand from wary companies and governments soaring. “We’re producing 400 a week and can’t really keep up,” says Goldsmith...

For the most part, consumers haven’t joined the security rush. According to Gartner, a firm that tracks technology trends, few have even purchased antivirus software for their phones. Sales of mobile security software are about $1 billion a year, a fraction what’s spent on desktops, even though mobile devices now outnumber PCs.

Yet secure communication products could eventually have mass appeal as consumers tire of being tracked online. Some of the most successful apps of the past year have featured self-destructing messages or anonymous bulletin boards. (more)