Tag Archives: Mossack Fonseca

Panama Papers Breach: a Warning to Install Multi-Layered Security

CybercrimeUnless you’ve been living on Mars, you’ll have seen the news this week that 11.5 million documents from Panamanian law firm Mossack Fonseca have been stolen and leaked to the press. As far as data breaches go, they don’t come much bigger or more damaging than this. The whole wide world seemed to be involved. In Belgium alone, about 732 persons can be linked to 1144 financial constructions in eleven different tax havens, via the Panamese law firm Mossack Fonseca. Many of these Belgians are CEOs, financial managers, and/or public figures.

Without wanting to comment on the content of those documents, there’s a clear security lesson to be learned.

Continue reading