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UK's secret Apple iCloud backdoor order is a global “emergency,” say critics

1. U.K. orders Apple to create a backdoor for iCloud data access. 2. This move undermines Apple’s Advanced Data Protection for users. 3. Concerns arise globally about weakening encryption security standards. 4. Potential backlash could impact Apple's customer trust and usage. 5. Industry advocates warn of dangerous precedents for privacy.

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FAQ

Why Bearish?

The move could erode consumer trust in Apple's security, impacting sales. Similar past examples include security breaches affecting stock prices.

How important is it?

As a leading tech firm, Apple's response may shape encryption norms. Changes in policy could affect sales and user engagement significantly.

Why Long Term?

Consumer perception of security may be harmed over an extended period. Previous reactions to data compromises suggest lasting effects on brand loyalty.

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