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If the multi-law firm hack story was the first shot over the bow, then the Panama Papers leak will become a torpedo. With a record-setting data heist and enviable client list of who’s-who in government, business and entertainment, the Panama Papers leak struck a chord and unequivocally confirmed that legal wasn’t just a target — […]
Organized crime prosecutors raided the offices of the Mossack Fonseca law firm Tuesday looking for evidence of money laundering and financing terrorism following a leak of documents about tax havens it set up for wealthy international clients. via Panama Papers law firm raided by organized crime prosecutors | New York Post
Experts warned that law firms need to “up their game” on data security after millions of documents showing apparent tax evasion and money laundering by wealthy individuals and companies were leaked from Panama offshore firm Mossack Fonseca. The Panama Papers leak is reportedly the biggest ever data breach and calls into question the ability of […]