Anonymous ID: 6ae03a June 26, 2021, 8:54 p.m. No.13994607   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

A series of articles published on 23 June 2006 in The New York Times, The Wall Street Journal, and the Los Angeles Times revealed a program, named the Terrorist Finance Tracking Program, which the US Treasury Department, Central Intelligence Agency (CIA), and other United States governmental agencies initiated after the 11 September attacks to gain access to the SWIFT transaction database.[21]

 

After the publication of these articles, SWIFT quickly came under pressure for compromising the data privacy of its customers by allowing governments to gain access to sensitive personal information. In September 2006, the Belgian government declared that these SWIFT dealings with American governmental authorities were a breach of Belgian and European privacy laws.

 

In response, and to satisfy members' concerns about privacy, SWIFT began a process of improving its architecture by implementing a distributed architecture with a two-zone model for storing messages (see Operations centers).