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NSA’s ‘Follow the Money’ Spies on Credit-Card Transactions: Report

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Through a program called “Follow the Money,” the United States National Security Agency spies on international transactions, including credit-card payments and bank activity, according to a new report.

This is the latest in a series of revelations on NSA surveillance from documents leaked by whistleblower Edward Snowden. The documents, obtained by German newspaper Der Spiegel, reportedly show that Follow the Money enabled the NSA to acquire more than 180 million financial records — mostly credit-card transactions — as of 2011

The transactions are reportedly stored in an NSA database called “Tracfin.” Der Spiegel only named two companies as surveillance targets: Visa and the Society for Worldwide Interbank Financial Telecommunication, a Belgian network used globally by financial institutions to send and receive information about transactions. Read more…

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Read more : NSA’s ‘Follow the Money’ Spies on Credit-Card Transactions: Report

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