Be Prepared For Law Firm Data Breach Litigation

Mossack Fonseca. Before April 2016, most of us had never even heard of a Panamanian law firm by that name. But, after one of the largest and certainly most high-profile cyberattacks, the firm and its mountain of records evidencing shell companies, straw transactions and offshore accounts — documents that have come to be known as the "Panama Papers" — have become synonymous with one of the hottest topics in the legal industry: cybersecurity.

Since an anonymous source leaked over 11 million Mossack Fonseca files to a German newspaper that shared them with the International Consortium of Investigative Journalists, the news media has been running stories about how the rich and famous hide their money and avoid taxes.