UK government demands Apple backdoor to encrypted cloud data: report
Portfolio Pulse from
The UK government has reportedly ordered Apple to create a backdoor for accessing encrypted iCloud data, raising concerns about user privacy and security.
February 07, 2025 | 12:30 pm
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The UK government's demand for a backdoor to access encrypted iCloud data could impact Apple's reputation for privacy and security, potentially affecting its stock price.
Apple is known for its strong stance on user privacy and security. The demand for a backdoor could damage its reputation, leading to potential negative sentiment among investors and customers, which may impact its stock price negatively in the short term.
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