C3Subtitles: 34c3: Financial surveillance
back

Financial surveillance

Exposing the global banking watchlist

If you suspend your transcription on amara.org, please add a timestamp below to indicate how far you progressed! This will help others to resume your work!

Please do not press “publish” on amara.org to save your progress, use “save draft” instead. Only press “publish” when you're done with quality control.

Video duration
00:59:06
Language
English
Abstract
Faced with new responsibilities to prevent terrorism and money laundering, banks have built a huge surveillance infrastructure sweeping up millions of innocent people. Investigative journalists Jasmin Klofta and Tom Wills explain how, as part of an international collaboration, they exposed World-Check, the privately-run watchlist at the heart of the system.

An accidental leak granted a rare opportunity for journalists to examine a database used to make decisions affecting people and organisations all over the world. They include a mosque that had its bank account shut without explanation, activists blacklisted for a peaceful protest, and ordinary citizens whose political activities were secretly catalogued.

We will show how we used data mining, OSINT and traditional investigative techniques to analyse the World-Check database and discover the human impact of this Kafkaesque system, which is used by almost every major bank and many other institutions including law enforcement agencies. The resulting story made front page news in the UK, Germany, Belgium, Italy, the Netherlands and the USA.

We will also ask whether we really want banks to be held responsible for the crimes of their customers? Are Financial Intelligence Units a sensible precaution, or are they pre-crime agencies?

Talk ID
9070
Event:
34c3
Day
2
Room
Saal Clarke
Start
7:45 p.m.
Duration
01:00:00
Track
Ethics, Society & Politics
Type of
lecture
Speaker
Tom Wills
Jasmin Klofta

Talk & Speaker speed statistics

Very rough underestimation:
147.9 wpm
841.9 spm
63.0% Checking done63.0%
37.0% Syncing done37.0%
0.0% Transcribing done0.0%
0.0% Nothing done yet0.0%

English: Quality control done until

Last revision: 6 months, 1 week ago

Talk & Speaker speed statistics with word clouds

Whole talk:
147.9 wpm
841.9 spm