Gov't Spying on Americans...and then Giving Info to Giant Corporations
Big Banks and Other Corporate Bigwigs Benefit from Illegal Spying - You’ve heard that the government spies on all Americans. But you might not know that the government shares some of that information with big corporations. Reuters reported in 2011 that the NSA shares intelligence with Wall Street banks in the name of “battling hackers.”
NSA Director Keith Alexander, who runs the U.S. military’s cyber operations, told Reuters the agency is currently talking to financial firms about sharing electronic information on malicious software, possibly by expanding a pilot program through which it offers similar data to the defense industry. ■ The NSA’s work with Wall Street marks a milestone in the agency’s efforts to make its cyber intelligence available more broadly to the private sector. ■ Greater cooperation with industry became possible after a deal reached a year ago between the Pentagon and the Department of Homeland Security, allowing NSA to provide cyber expertise to other government agencies and certain private companies.