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In the '80's it was the Japanese (back when this meant physical access, and not necessarily the oil industry).

If companies -- particularly companies with these kind of resources -- haven't figured it out by now, I don't have much sympathy for them.

A decade or so ago, I knew a geologist who was regularly consulting with overseas teams via AIM. I tried to convince them to at least go with a third party client offering a plugin for encryption, but they couldn't be bothered. (Not to mention concerns WRT email.)