SpiderOak: Encrypting the cloud and foiling corporate hackers

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I recently met with Ethan Oberman (above) CEO and co-founder of SpiderOak, a cloud based data storage service used for backups or syncing data. It promises a very high level of security because everything is encrypted -- SpiderOak has no idea what you are storing.

This is the same strategy that Kim Dotcom, the infamous founder of Megaupload has recently taken with his latest storage venture Mega. Megaupload was shut down by US authorities because it is alleged that it stored huge quantities of pirated movies and other copyrighted materials.

Here are some notes from my conversation with Ethan Oberman.