TechHive: EU Parliament votes to suspend data sharing deal with US due to Snowden allegations

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EU Parliament votes to suspend data sharing deal with US due to Snowden allegations Oct 23rd 2013, 14:53, by Jennifer Baker, IDG News Service The European Parliament voted on Wednesday to suspend a major data sharing agreement with the U.S. following the ongoing scandal over alleged surveillance from the U.S. National Security Agency. Members of the European Parliament (MEPs) narrowly adopted a resolution to suspend the Terrorist Finance Tracking Program (TFTP) with 280 votes in favor and 254 against. The TFTP agreement allows the U.S. Treasury to access some data stored in Europe by international bank transfer company Swift. But allegations that the NSA had spied on this data without going through legal channels has enraged many MEPs. Thanks, Ed. Now the US Treasury doesn't have access to some EU financial data. These allegations are based on documents leaked by former NSA contractor Edward Snowden. According to the documents, Swift is included in an NSA training manual for new agents on how to target the private computer network. To read this article in full or to leave a comment, please click here Media files: nsasecurity2_primary-100054823-small.jpg

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