NSA Allegedly Spies On International Credit Card Transactions

J

Jul

Active member
Germany’s Der Spiegel newspaper –joining the NSA revelations train – reported that the intelligence agency is interested in international credit card transactions and may have found a way to monitor payments processed by companies including Visa. Spiegel alleges it has even set up its own financial database to track money flows.

The paper says that in 2011, the NSA possessed 180 million records via its “Follow the Money” branch dubbed ‘Tracfin’, according to information acquired by former NSA contractor and whistleblower Edward Snowden. The vast majority of information is from credit card transactions.

http://i-hls.com/2013/09/nsa-allegedly-spies-on-international-credit-card-transactions/
 
Seems the NSA spies on everything and anything under the pretext that citizens in order to be safe should have no privacy.

Essentially it is just an organisation out of control that is costing billions but seemingly not actually stopping attacks.
 
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