Thursday, 14 November 2013 - 04:31
Privacy account holders in question
The investigation into the eavesdropping practices of the U.S. NSA is extended to bank accounts.
The Dutch Data Protection Authority (CBP) and the Belgian sister organization CBPL have joined forces to examine if unlawful bank details were intercepted.
Recently reports surfaced of US security services looking into the SWIFT system.
bank card
24oranges.nl
Flickr SWIFT regulates international payments for 10,000 financial institutions in some 200 countries. There are agreements between Europe and the US about viewing bank details, to counter terrorism. According to the Convention the privacy of account holders may not be violated. It is suspected the American public services did not honor the agreement. The investigation, conducted by CBP and CBPL, should provide clarity.
24oranges.nl
Flickr SWIFT regulates international payments for 10,000 financial institutions in some 200 countries. There are agreements between Europe and the US about viewing bank details, to counter terrorism. According to the Convention the privacy of account holders may not be violated. It is suspected the American public services did not honor the agreement. The investigation, conducted by CBP and CBPL, should provide clarity.