News

10:17 AM
Connect Directly
RSS
E-Mail
50%
50%

WikiLeaks' Next Target to Be A Major Bank, Assange Tells Forbes

WikiLeaks founder says he has tens or hundreds of thousands of documents showing a U.S. bank committed flagrant violations and unethical practices.

In a two-hour interview, WikiLeaks founder Julian Assange, who began releasing 250,000 classified U.S. State Department cables on Sunday, told Forbes writer Andy Greenberg that about half of the leaks he has in store for future release relate to the private sector, and that early next year WikiLeaks will have a "megaleak" that will expose "tens or hundreds of thousands of documents" from a "big U.S. bank." He said he hopes "it will give a true and representative insight into how banks behave at the executive level in a way that will stimulate investigations and reforms.

Flagrant violations and unethical practices will be revealed, Assange said, "but it will also be all the supporting decision-making structures and the internal executive ethos that comes out, and that's tremendously valuable....You could call it the ecosystem of corruption." WikiLeaks is investigating whether or not some of the behavior is criminal, he said.

WikiLeaks is completely dependent on its sources and does not solicit material, Assange told Forbes. This is all good news for document management, record management and email management software vendors, who will have a good case for why banks should use their technology to keep track of who is viewing and downloading sensitive documents and emails.

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology - August 2014
Modern core systems are emerging as the foundations of effective channel integration and customer engagement initiatives.
Slideshows
Video
Bank Systems & Technology Radio