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Wikileaks discovers 'global spy ring' that wasn't
As part of The Global Intelligence Files released by Wikileaks, the TrapWire system was uncovered. Nobody quite knew what it was, but it was dubbed a "global surveillance system" that could monitor potentially almost anyone at any given time.
In short, the potential for abuse was huge and it became a global concern for ordinary citizens over the course of the week the news came out and more information about the system became available by the whistleblowing organization. However, it wasn't actually as scary as people thought.
It was developed and maintained by a private company and owned by a mysterious parent company -- ergo the two companies avoided public scrutiny and accountability -- but used by other private industry firms along with various governments on both sides of the Atlantic.
However, it turned a lot of the information was the chief executive and other executives boasting about the system's capabilities, which were vastly overblown and overrated at the best of times. The controversy became somewhat of a dud, but it gave a valuable insight into what governments attempt to (and often succeed at) find out about us as ordinary people.