- Jul 27, 2015
- 5,458
The database : https://offshoreleaks.icij.org
Quote : " It's bad enough for a company's fortunes if it gets hacked, and details of its customers and confidential documents about its business dealings get stolen by hackers. It's even worse for the organisation if journalists around the world leap on the story, and don't just report on the hack but also begin to shine a light on the company's secret activities, and the controversial work it has done for its clients. That's probably more than enough to critically damage a firm's brand, and make customers think twice about doing business with it again. But what's truly catastrophic is when the huge swathe of stolen information is then made available for easy searching online, by anybody with an internet connection.
That's the fate that has befallen the law firm Mossack Fonsecam, as the so-called Panama Papers have revealed how wealthy individuals use offshore firms to evade tax and avoid sanctions. The scale of the Panama Papers leak is ginormous - more than 11.5 million leaked files weighing in at 2,600 GB, significantly overshadowing previous data breaches. "
Previous news on the story : Panama Papers Data Breach Exposes Worldwide Corruption Ring
