The European Parliament voted to suspend a data-sharing agreement with the United States that allows access to financial transactions for the purposes of tracking the financing of terrorists, GigaOm reported, although only the European Commission can actually suspend the agreement.
Edward Snowden's leaks exposed that the National Security Agency has been tapping the SWIFT database of international transactions "directly in order to extract information, thus breaking the terms of the agreement with the EU. The intelligence agency has apparently also been illegally accessing credit card transaction data in Europe, the Middle East and Africa," GigaOm also reported.
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