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Government espionnage a new threat for Swiss banks?

Published on 13/06/2013
 Government espionnage a new threat for Swiss banks?
Le Temps

According to information revealed to The Guardian by Edward Snowden – a former CIA technician turned whistleblower – in 2007, the American National Security Agency (NSA) set a trap for a Swiss banker, whom it subsequently recruited with a view to obtaining "secret banking information."

Le Temps wonders about the threat to financial institutions posed by government spying, which "the banks do not seem to have identified as a specific risk."

At the same time, the daily notes that –

Government espionnage a new threat for Swiss banks?… Swiss secret services, which appeared very foolish last year when they allowed a computer technician get away with millions of data records, will no doubt be smiling about the current embarrassment of their American colleagues.


Read this article in German.

Reprinted with permission of Presseurop.

 Presseurop