Ludlow Institute(@LudlowInstitute):A national survey of 2,200 Americans: 1 in 2 say only THEY should access their financial data. Only 12% accept government snooping (even with a warrant). Still, KYC/AML compliance under the Bank Secrecy Act forces banks to centralize sensitive data. These surveillance honeypots predictably breach, exposing innocent people to harm. Lawmakers should start paying attention.

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Ludlow Institute@LudlowInstitute

2026.07.22 18:40

A national survey of 2,200 Americans: 1 in 2 say only THEY should access their financial data. Only 12% accept government snooping (even with a warrant). Still, KYC/AML compliance under the Bank Secrecy Act forces banks to centralize sensitive data. These surveillance honeypots predictably breach, exposing innocent people to harm. Lawmakers should start paying attention.