The world is weighing in on the so-called "Panama Papers" data breach — the release of 11.5 million leaked documents detailing attorney-client information for more than 214,000 offshore companies associed with the Panamaian law firm Mossack Fonseca.
Iceland's Prime Minister Sigmundur Davíð Gunnlaugsson stepped down from his position, after his involvement with the law firm became public.
A network security company, in an interview with security trade publication SC Magazine, speculates that the amount of data stolen would have taken nine full days to remove from the law firm's systems. Though many applaud the hackers for bringing to light such gross political deception, it's important to start the conversation around what this breach means for a law firm's management of risk and its insurance policies.
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