Wuala Encrypted Cloud-Storage Service Shuts Down
New submitter craigtp writes: Wuala, one of the more trusted cloud-storage services that employed encryption for your files, is shutting down. Users of the service will have until 15th November 2015 to move all of their files off the service before all of their data is deleted. From the announcement: "Customers who have an active prepaid annual subscription will be eligible to receive a refund for any unused subscription fees. Your refund will be calculated based on a termination date effective from today’s date, even though the full service will remain active until 30 September 2015 and your data will be available until 15 November 2015. Refunds will be automatically processed and issued to eligible customers in coming weeks. Some exceptions apply. Please visit www.wuala.com for more information."
NSA strikes again...
But also plausible might be that the encryption has been cracked or breached lets say by white or black hats, and the site decides to let the customers get their data out and shut down before the breach is known across the the full hat population.
-- Another senseless waste of fine bytes.
Wuala is owned by Lacie. Lacie was purchase by Seagate in 2014. Seagate has it's own online backup products. Maybe Seagate wants to eliminate a redudant or money-losing service? It happens...
Yes, the NSA is the bogeyman, and is a threat to secure encryption everywhere. But the invisible hand of capitalism can slap someone as well.
Get a friend to agree to peer with you, or set up a second old netbook or something with a spare drive. Safer than the cloud, no third parties to trust.
It's like btsync, but GPL and no folder limit.