Breaking News

U.S. to give security services access to citizens’ financial data

0 0

 

Mar 14, 2013 05:58 Moscow Time

The administration of U.S. President Barack Obama has announced plans to allow special services access to financial data of all citizens who have accounts in the U.S.. This applies to both Americans and foreigners.

Reportedly, the goal is to deal a blow to financing of terrorist organizations and organized crime groups. Access to personal financial data will thus be granted to the CIA and National Security. Until now, such access was open only to the FBI.

The document which outlines the plan, notes that its development is at an early stage, and it’s hard to say when it will be implemented.

According to statistics from the U.S. Treasury, more than 15 million cases of “suspicious activity” in citizens’ accounts are reported annually.

Earlier, it was reported that several prominent U.S. public and political figures had their personal financial data hacked into. Among them were the U.S. president’s wife, Michelle Obama, Vice President Joe Biden and former Secretary of State Hillary Clinton.

Voice of Russia, RBC

About Post Author

Ralph Turchiano

I have a strong affinity for the sciences which led me to create my sites. My compulsion for the past decade has been reviewing literally every peer-reviewed research article. Which can easily be validated by following my posts. To me, science is where the real news is, as it will mold our destiny beyond that of politics or economics. 😉 Please feel free to e-mail: 161803p314159@gmail.com
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleppy
Sleppy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%
%d bloggers like this: