S.W.I.F.T. Monitoring Breaches Privacy

Interesting what can happen when you write privacy into your constitution: Belgians Say Banking Group Broke European Rules in Giving Data to U.S.

The Belgian banking consortium Swift breached European privacy rules when it aided a United States antiterrorism program by providing confidential information about money transfers, Belgium’s privacy protection commission concluded Thursday.

“It has to be seen as a gross miscalculation by Swift that it has, for years, secretly and systematically transferred massive amounts of personal data for surveillance without effective and clear legal basis and independent controls in line with Belgian and European law,” the report said.