Report Suggests NSA May Be Manipulating Financial Data

LwJ1J6rIs the NSA manipulating the financial system? It certainly appears that it could.

Matt Blaze has been pointing out that when you read the new White House intelligence task force report and its recommendations on how to reform the NSA and the wider intelligence community, that there may be hints to other excesses not yet revealed by the Snowden documents. Trevor Timm may have spotted a big one. In the recommendation concerning increasing security in online communications, the second sub-point sticks out like a sore thumb.

If you can’t read that, it says: Governments should not use their offensive cyber capabilities to change the amounts held in financial accounts or otherwise manipulate the financial system.

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  • InfvoCuernos

    I. am. shocked.

    • American Cannibal

      AT LEAST IT”S NOT THE CHINESE DOIN IT!!!

      • InfvoCuernos

        They haven’t had the experience manipulating markets like the US govt. has. They’re pretty quick studies tho, give em another 20 years and they’ll have it down to a science.

        • VaudeVillain

          Eh… I don’t know, they’ve done a bang-up job with the yuan so far. I wouldn’t sell the Chinese short here.

          • InfvoCuernos

            You are correct. Never underestimate the Chinese.

  • American Cannibal
  • American Cannibal

    Everythang’s Corrupt

    http://www.youtube dot com/watch?v=1A_PD64aQZI

  • VaudeVillain

    Just to play Devil’s Advocate for a moment:

    Implying that the NSA *could* do something doesn’t mean that they *have*, nor does stating that they shouldn’t. Frankly, I’d be a little disappointed in them if they couldn’t do that sort of manipulation: most banks are run largely on commercially available software, and all that is normally needed to add or remove funds from an account is the basic privileges given to line-level tellers. If, with all of their known resources, the NSA couldn’t spoof a fraudulent transaction and weasel enough access to make it stick in the system with minimal paper trail, I’d be very concerned.

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