Since the Snowden revelations, it has become clear that email as a basic internet protocol is essentially insecure, and other options -- texting, messaging apps, and the like -- are not much better.
"If you really want to have secure communication, don't use email," says New York Times Tech Columnist Molly Wood.
There has been signifigant movement on creating simpler encryption tools -- Virtru, for example, is a browser plugin that encrypts messages for the recipient when emails are sent from a browser using the program.
However, even a potentially game-changing method like this has its issues: a third party is still being given the information.
Almost 80 percent of respondents in a recent Harris poll blame big banks for the financial crisis. The poll was commissioned by smaller banks.
They're using it to smack the big guys by running TV ads that say, 'hey, we’re the good guys.'
But the commercials haven’t made a dent yet in big bank dominance.
“If you go back to 1994, the community banks and credit unions had about a 70 percent market share. Today, the community banks and credit unions have less than 30,” says Gabe Krajicek, CEO of BancVue, which supplies high-tech services to small banks.
Krajicek says consumers think they can only get the latest mobile banking apps from the big banks.
There’s another reason we stay with the megabanks, even if we hate them: convenience.
“If you have to drive five miles to use your ATM, most people don’t like that,” says Bill Black, an economist at the University of Missouri at Kansas City.
Black says community banks are able to make a lot of small business loans, but only because the big banks won’t bother with them.
See the infographic below to see some more stats about local banking:(Courtesy:KASASA)
CORRECTION: An earlier version of this story referenced Gabe Krajicek as CEO for Kasasa. He is the CEO of BancVue, which owns the product Kasasa. The text has been corrected.
Stock in Netflix has been flirting with an all-time highs this week.
Investors are bullish about the company’s prospects overseas; Netflix plans to expand into European markets in September.
“International expansion has been a core part of Netflix strategy,” says Andy Liu, director at Standard & Poor.
But others believe the stock is overvalued.
Michael Pachter is a research analyst at Wedbush Securities. He anticipates that expanding into new international markets will be expensive.
“Each country requires separate technology spending. Each country requires a separate content deal,” says Pachter.