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Speaking about privacy concerns at the White House cybersecurity summit at Stanford University, Apple CEO warned about the hazardous consequences of the privacy breach. None of the personnel including, Facebook’s Mark Zuckerberg, Yahoo Marissa Mayer and Google’s Larry Page, attended this summit over the spying issues raised by the American government.

Addressing at the summit, Tim Cook in a speech said, “History has shown us that sacrificing our right to privacy can have dire consequences.”

“We still live in a world where all people are not treated equally, too many people do not feel free to practice their religion or express their opinion or love who they choose – a world in which that information can make the difference between life and death.”

“If those of us in positions of responsibility fail to do everything in our power to protect the right of privacy, we risk something far more valuable than money. We risk our way of life.”

“Fortunately, technology gives us the tools to avoid these risks. It is my sincere hope that by using them and by working together, we will”, Tim Cook said.

Apple CEO didn’t even missed a chance to take on the rivals saying that Google, Facebook and few other web giants are based on the personal information of the user. However, Apple Inc is selling the products that are solely meant to improve the individual’s life, not about collecting the personal information.

Even though, Tim Cook didn’t directly aimed the web giants, he demonstrated how Apple firmly believes in not selling the personal information for advertisement or any other monetary purpose.

The CEO also said that the new Apple Pay will be integrated with the government services that includes social security and veterans benefits. Cook said that Apple Inc is not only committed to work productively, but also they want to deliver more jobs with a belief of leaving the world better than what we have today. On the behalf of the entire company, Tim said Apple Inc is on a track to become the world’s first company to work entirely on renewable energy source.

Meanwhile, after the CEO wrapped the speech Obama said, “Grappling with how the government protects the American people from adverse events while at the same time making sure that government itself is not abusing its capabilities is hard. The cyber world is sort of the wild, Wild West, and to some degree we’re asked to be the sheriff.”

In the recent past, NSA has became one the notorious spying agencies in the world, and apparently this is the reason for having frosty relations among web giants. Several reports suggested that the government is spying on the almost every person in the country and the world; it is has collected metadata of every individual.

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