New reports indicated that the U.S. National Security Agency (NSA) has tapped into credit card and bank-to-bank transactions as part of its global intelligence operations, Finextra reported on September 16.
The news comes from documents passed to Der Spiegel by Edward Snowden. Transactional data from Visa and Swift was reportedly monitored under the program.
Update: Visa has reached out to PYMNTS.com with the following statement:
“With respect to the claims in the Der Spiegel article, we are not aware of any unauthorized access into our network. Visa takes data security seriously and, in response any attempted intrusion, we would pursue all available remedies to the fullest extent of the law. Further, it’s Visa’s policy to only provide transaction information in response to a subpoena or other valid legal process.”
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