AML/CFT laws make you less safe. Not more.

In 2022, 78% of European banks experienced a data breach. Yet AML/CFT laws continue to attempt to mandate increasing amounts of data collection, from IP Addresses to social media activities. This data is routinely targeted, exploited, and sold on dark markets.

In honor of gigabrain takes like "We NeEd SuRrVeiLlAnCe To FiGhT CrImE", this Rage Weekly I compiled a list of 40+ recent data breaches involving the leak of personal data – just in case anyone tries to tell you that increased surveillance leads to an increase in security.