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NSA Spies on International Financial Networks

According to the latest news leaked by Edward Snowden, the NSA is actively spying on international payments done by different financial networks around the world. Thus if you have a credit card, you are probably being kept track of by this agency.

Sep 16 2013, 3:57am CDT | by

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NSA Spies on Financial Networks
 
 

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NSA Spies on International Financial Networks

The NSA is guilty of another crime and that is spying on anyone via the VISA or SWIFT networks. In a way it was expected that a surveillance agency would go that far in its activities. This is the basic function of an organization that spies on others after all. The NSA’s FTM (Follow the Money) also termed “Tracfin” is meant to dig out information on precisely those people who are dead against the United States. 

Whether they set up political parties that are Anti-American or open up terrorist sleeper cells that act out violently to hurt American interests, the NSA will hunt them down. Therefore, the NSA is keeping an eye on the financial activities of suspects. And its reach extends to those in the European Continent, the Middle East and Africa to boot. 

Incidents of money laundering are especially put under microscopic vision by the NSA. All objectionable acts have a lot of money being siphoned off into them by the bad elements. Balzac said “Behind every great fortune there is always a crime.” Any bank statement which is greater than $10,000 must be brought to the notice of the authorities. 

Behind this effort by the NSA to monitor credit card transactions, and money payments taking place around the world, exists a cautious approach. In order to prevent future enemies of the open society from gaining ground, this curtailment of freedom is a necessary step that has to be taken. 

Source: Spiegel

 

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Update: 3

Edward Snowden: Surveillance, Spying Practices Have Brought U.S. to ‘Brink of the Abyss’

Source: Truth Dig

Wired/Platon Edward Snowden has just been granted three more years of asylum in Russia, and the former NSA contractor-turned-whistleblower is understandably choosy about whom he meets with in person. He granted James Bamford a good deal of time for an in-depth Wired story, and Bamford didn’t waste it. In the profile, set off memorably by photographer Platon Antoniou’s images, including the particularly striking portrait shown above, Snowden ...
Source: Truth Dig   Full article at: Truth Dig Aug 13 2014, 3:35pm CDT
 


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Update: 2

Edward Snowden: Planned U.S. Cyber Warfare Program Could Hurt Innocent Countries

Source: Politics - The Huffington Post

WASHINGTON, Aug 13 (Reuters) - A developing U.S. cyber security program would not only hunt down and halt potential computer attacks but also strike back without staff oversight, according to former U.S. National Security Agency contractor, Edward Snowden. In an interview with WIRED magazine made public Wednesday, Snowden said the program - MonsterMind - could hurt countries caught in the middle as hackers could disguise the origin of their attacks by routing them through ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post Aug 13 2014, 9:22am CDT
 

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