The export licences for Swiss encryption technology analysed by the NZZ cover 1997-2019. (Keystone / Ennio Leanza)As shockwaves continue to radiate from the Swiss Crypto spying affair, analysis of export licences reveals how, at the first sign of trouble, countries around the world put their trust in supposedly secure Swiss encryption technology. 2001-2008: During this period, the US (CHF14.4 million) and Libya (just under CHF10 million) were among the largest buyers of Swiss encryption technology. The NZZ said deliveries of encryption technology from Switzerland had collapsed since 2018. Crypto Leaks Swiss authorities file criminal complaint against encryption firm The economics authority alleges it was misled by Crypto AG when it filed export applications for its manipulated encryption devices.

Source: The North Africa Journal March 04, 2020 13:52 UTC