Attorney/Client » What Was Revealed In The Biggest Law Firm Hack In History

What Was Revealed In The Biggest Law Firm Hack In History

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October 13, 2016

Reviewing several current books on the Panama Papers, Oxford’s Alan Rusbridger, currently chair of the Reuters Institute for the Study of Journalism and formerly editor in chief of The Guardian, considers the implications of the biggest hack ever of a law firm, a record it’s safe to say will stand for a very long time. Numerically speaking it was 2.6 terabytes, 11.5 million documents – a trove that is said to include virtually all the financial records over the forty-year existence of the law firm, Mossack Fonseca in Panama. According to this review, the modus operandi that was revealed involved naming “directors” of thousands of shell companies, directors who were in a sense shells themselves. The name of one appears more than 25,000 times in a Panamanian registry. She was found to be resident of a poor area outside of Panama City and to have been paid about $400 a month for her many directorships. It appears that the hackers had continuing access to the law firm’s servers, because at one point reporters who were being fed the information saw that it began to include emails about how the firm should respond to reporters’ questions.

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