Hacker News new | ask | show | jobs
by gadders 18 hours ago
UBS had a similar capability on their laptops so they facilitate tax evasion for US clients: https://www.cnbc.com/2015/04/30/why-did-the-us-pay-this-form...
2 comments

That's probably safer because you can plausibly argue you're protecting your workstation, not unlike corporate security policies that require you to lock your workstation when you get up. Where they get into trouble is when they specifically say "use this when the IRS comes knocking". It's like offering an encrypted chat app (eg. signal) vs offering an encrypted chat app and marketing it to criminals.

https://en.wikipedia.org/wiki/Phantom_Secure#Law_enforcement...

Only the people working on tax evasion had this on their laptops?
Probably all bankers.
So why did you say it was to "facilitate tax evasion"?
RTFA. That is exactly what it was for - to hide account information from nation-level investigations.