04/11/2016
SlickRockWeb has a new article out titled "Mossack Fonseca, overseeing trillions in off-shore tax havens, lets a $7 software plugin take down at least one President and produce the Panama Papers".
This is the largest data leak in history, at 2.6 terabytes, and the fallout will be felt for numerous world leaders for many months to come. The Icelandic President has already been forced to resign because of the . What is even more fascinating to us was just how bad the online security for this law firm, Mossack Fonseca, was. Keep in mind they handled over $2 trillion dollars in assets through their shell companies and tax havens but apparently they were unable to pay $7 dollars to update a vulnerability in a software plugin on their website. This vulnerability appears to have led to their company being hacked and the eventual leak of 11.5 million documents.
http://www.slickrockweb.com/mossack-fonseca-and-panama-papers.php
It is hard to believe that a law firm managing trillions of dollars in offshore tax havens would have security so lax that a $7 dollar software plugin contributed to the largest data leak in history. But that appears to be exactly what happened with the leak of millions of confidential documents and…