Translated Article: CIA Data Mining in SWIFT Financial Data from Europe

Sanna/ March 2, 2022/ Stories

[Editor’s note: This article was translated before the invasion of Russian troops into Ukraine. It features SWIFT, and the discussed data mining methods still apply regardless of the sanctions.] Data-Mining der CIA in SWIFT-Finanzdaten aus Europa by Erich Moechel for fm4.orf.at Massive financial datasets are constantly being delivered from the EU to the US as part of the TFTP treaty against terrorist financing. The CIA receives this data. The fog is slowly clearing around the huge datasets in which the CIA claims to be data mining. The “foreign financial data platforms” from which the CIA “collects large amounts of structured financial data” to stop ISIS terrorist funding are the databases of payment processor SWIFT. Around 11,000 banks from 200 countries process their payment transactions via the SWIFT system, which currently processes around 40 million

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