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According to documents provided by whistleblower Edward Snowden, the National Security Agency spies on international credit card and banking transactions in a program called "Follow the Money," German news magazine Der Spiegel reports on Sunday.
According to Spiegel's reporting, in 2011 a databank called "Tracfin" contained 180 million records collected through "Follow the Money," and contains data from NSA "target" SWIFT, a Swiss-based network that thousands of banks use for secure transactions.
Further, 2010 documents obtained by Spiegel show that the surveillance agency also collects Visa transactions. Spiegel reports that "NSA analysts at an internal conference that year described in detail how they had apparently successfully searched through the US company's complex transaction network for tapping possibilities."
GCHQ, the British intelligence agency, raised eyebrows over this kind of collection, according to a document obtained by Spiegel, which said that the program gathered "rich personal information," much of which "is not about our targets."
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Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
According to documents provided by whistleblower Edward Snowden, the National Security Agency spies on international credit card and banking transactions in a program called "Follow the Money," German news magazine Der Spiegel reports on Sunday.
According to Spiegel's reporting, in 2011 a databank called "Tracfin" contained 180 million records collected through "Follow the Money," and contains data from NSA "target" SWIFT, a Swiss-based network that thousands of banks use for secure transactions.
Further, 2010 documents obtained by Spiegel show that the surveillance agency also collects Visa transactions. Spiegel reports that "NSA analysts at an internal conference that year described in detail how they had apparently successfully searched through the US company's complex transaction network for tapping possibilities."
GCHQ, the British intelligence agency, raised eyebrows over this kind of collection, according to a document obtained by Spiegel, which said that the program gathered "rich personal information," much of which "is not about our targets."
______________________
According to documents provided by whistleblower Edward Snowden, the National Security Agency spies on international credit card and banking transactions in a program called "Follow the Money," German news magazine Der Spiegel reports on Sunday.
According to Spiegel's reporting, in 2011 a databank called "Tracfin" contained 180 million records collected through "Follow the Money," and contains data from NSA "target" SWIFT, a Swiss-based network that thousands of banks use for secure transactions.
Further, 2010 documents obtained by Spiegel show that the surveillance agency also collects Visa transactions. Spiegel reports that "NSA analysts at an internal conference that year described in detail how they had apparently successfully searched through the US company's complex transaction network for tapping possibilities."
GCHQ, the British intelligence agency, raised eyebrows over this kind of collection, according to a document obtained by Spiegel, which said that the program gathered "rich personal information," much of which "is not about our targets."
______________________