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Re:Are EU banks just mass surveillance devices? by wg0 on Thursday December 28, 2023 @04:15PM (#38798710)
I think it is a necessary evil if you will otherwise society would have a huge amount of uptick in criminal activities.

Also, banks have literally automated alarm and triggers in place to flag transactions for reviews.

Famous HSBC case comes to mind.

Re:Are EU banks just mass surveillance devices? by peyton on Thursday December 28, 2023 @06:43PM (#38800139)
It raises the bar for crime to organizations with state sponsorship. Not sure that’s the outcome we’re looking for.