The Panama Papers 2.6 Terabyte Terror

“This is not a leak. This is a Hack.” – Ramon Fonseca

Known to be the largest and now most controversial data leak of all time, the Panama Papers is a prime case to be examined by information management providers. Mossack Fonseca, an international law firm, is now facing extreme backlash for their ties to foreign money.  Hacked and leaked by an anonymous source, this is the largest recorded data breach in history. The crime in question, the hacking of Mossack Fonseca’s private information has been overshadowed by the scandal of their relationships to foreign politicians and what some are saying, dirty money.

Hacking can occur in a number of ways. The computer systems itself can be hacked and mined for information. Websites can be compromised and emails can be phished. If your organization is a target for a cyber hacking, there’s not much you can do to prevent it. See how the NSA, JP Morgan Chase, and Sony Entertainment couldn’t help but be victims to malicious targeted cyber hacks & data leaks.

However, if you’re not a target with a big red market on your back, then it’s still better to be safe than sorry. Take precautions by improving your information security so that an accidental hacking doesn’t tear down your organization. Here are 3 easy benchmarks any organization can check off, to proactively combat a potential cyber hack.

1.    Perform required software updates for your document management systems, operating systems and web browsers.

2.   Ensure implementation of appropriate firewalls to servers, networks, and devices.

3.   Manage all passwords with an encryption software or change your passwords often.

It seems to be that cyber hacking is the new cool but that’s what makes this all the scarier. As intelligent engineers are lured into employing their skills towards malicious criminal activity, all an organization can do is be aware, proactive, and smart about how their information is controlled.