By now, you’ve heard about the leaked papers from a Panamanian law firm implicating world leaders, sports figures and celebrities alike in a scheme to shelter massive wealth in off-shore corporations. Whether data breach or insider leak, Panama Papers cyber security lessons are still the same. There are several lessons to take from the Panama Papers:
Segmentation. Divide critical data across different digital locations.
Encryption. Most businesses still only have a partial encryption strategy on their data and lack end-to-end encryption.
Monitoring. Monitor how much data is leaving the servers. More sophisticated software lets many companies know exactly what data is leaving the premises and exactly who is responsible.