Feeds

Europe approves mass data transfer to US

Data hoover helped catch suspects in Norway

SANS - Survey on application security programs

The European Parliament has passed SWIFT II - the renewed treaty giving the United States access to financial information in order to investigate terrorism.

The previous version of the treaty was rejected in February.

Changes included a promise to phase out mass transfers of data. Instead Europol will work to filter US requests to keep as much data as possible in Europe.

Europe also gets the right to send an independent inspector to check US data processing facilities. The treaty also bans data mining or automated searches of all financial transactions.

A minority opinion signed by six MEPs questioned Europol's supposed oversight role. It also complained that the data was kept for far too long and that rights of people whose data is being used were not protected.

The treaty is due to come into force 1 August and will last for five years.

The full statement is here.

In related news, Norway's arrest of two Al Qaeda suspects (a third was arrested in Germany) this week was helped by US intelligence gained from SWIFT.

Stuart Levey, under-secretary for terrorism and financial intelligence, said: "I can tell you the 'Terrorism Finance Tracking Program' (TFTP) provided support to the Norwegian investigation of that al Qaeda threat."

This despite the fact that TFTP stopped receiving data at the end of 2009, when the treaty lapsed. It continued to "generate leads" based on the data it already had, Levey told EUObserver.

Levey said changes were designed to reassure Europeans but would have no impact on the effective working of the system. ®

High performance access to file storage

More from The Register

next story
Putin tells Snowden: Russia conducts no US-style mass surveillance
Gov't is too broke for that, Russian prez says
One year on: diplomatic fail as Chinese APT gangs get back to work
Mandiant says past 12 months shows Beijing won't call off its hackers
Lavabit loses contempt of court appeal over protecting Snowden, customers
Judges rule complaints about government power are too little, too late
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Don't let no-hire pact suit witnesses call Steve Jobs a bullyboy, plead Apple and Google
'Irrelevant' character evidence should be excluded – lawyers
Edward Snowden on his Putin TV appearance: 'Why all the criticism?'
Denies Q&A cameo was meant to slam US, big-up Russia
EFF: Feds plan to put 52 MILLION FACES into recognition database
System would identify faces as part of biometrics collection
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Ex-Tony Blair adviser is new top boss at UK spy-hive GCHQ
Robert Hannigan to replace Sir Iain Lobban in the autumn
Judge halts spread of zombie Nortel patents to Texas in Google trial
Epic Rockstar patent war to be waged in California
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.