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7 Lessons From The Panama Papers Leak

posted onApril 6, 2016
by l33tdawg

Hopefully your organization isn't hiding as many dark secrets as Mossack Fonseca, but the incident still brings helpful hints about data security, breach response, and breach impact.

Although many people are rejoicing in the Panama Papers outing of illegal and unethical activity by rich and powerful individuals and companies across the globe, information security professionals can also take the opportunity to learn a few lessons. 

The International Consortium of Investigative Journalists (ICIJ), Monday, published a report based upon a yearlong study into an enormous store of 11.5 million documents -- 2.6 TB of data, mostly emails -- leaked from Panamanian law firm Mossack Fonseca. The leaked data reveals secret information about the offshore holdings of political leaders and crime lords alike, and has exposed illegal practices used to hide wealth, disguise sources of wealth, and evade taxes.

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