In line with the trend of taking measures against american spying exposed by Edward Snowden, Malaysian fund managing firm moved their servers to Russia to avoid spying by usa. The firm manages multibillion dollar portfolios, and firm president Pascal Najadi says the move was based on logic than business interest.
“We’re setting a trend. We’re not into Internet business – we’re a consultancy firm, and we do not gain more business through having a .ru. Having said that, it shows our clients that we take confidentiality serious, and that is the message between the lines,”
While some businesses move their operations to Russia, a considerable number of businesses are moving their servers and hosting operations to Iceland. Iceland is considered safe due to its privacy commitments.
