In an inter-connected world, questions around the economics of privacy and personal data are of top concern to industry leaders. While privacy and security nuances have social and political implications, there are also many economic considerations to be understood. Economic forecasts are already predicting a large loss in revenue for US Cloud Based vendors and services due to concerns over privacy of information stored and shared. The issue is not localized to US markets. It has global impact, legal and cultural implication across the globe. Governments, who have responsibilities to protect data assets and their citizens, are now at odds with the business and economic implications of both criminal and law enforcement activities.