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Content type: News & Analysis
In a move that echoes strong action taken in the past by European officials to protect privacy, the Belgian and Dutch data protection authorities on Wednesday announced that they will begin an investigation into the security of the SWIFT financial system.
The announcement comes on the heels of our letters to twenty-eight European DPAs last month, which sought answers regarding the NSA's reportedly unauthorized access to SWIFT's financial messaging system and asked for an investigation into the…