The leak of the Panama Papers has done more than reveal the underbelly of the international tax-dodger trade. This massive security breach, the biggest document leak in history, also serves as a wake-up call for lawyers and law firms about our responsibility to keep client information confidential.
The files, leaked to the International Consortium of Investigative Journalists, came from the Mossack Fonseca law firm in Panama. Their contents are incredibly incriminating for several multinational organizations and many world leaders as they describe the ways powerful and knowledgeable people have gamed the financial system to create tax havens in off-shore accounts. It’s important that you understand the contents and repercussions of the documents, certainly, but even more important is that you understand what this leak means for law firm security in the future.
Here’s the takeaway:
If you keep it, it can be stolen. Encrypt.
If you send it, it can be misdirected. Encrypt.
If you give access to it, it can be retained. Restrict Downloads.
If your data is stored on your network, it can be accessed by anyone who has network permissions. Firewall it.
https://www.ncbarblog.com/wp-content/uploads/2016/02/1072645_986180321.jpg14361600NCBARBLOGhttps://ncbarblogprod.wpengine.com/wp-content/uploads/2018/06/Blog-Header-1-1030x530.pngNCBARBLOG2016-05-02 16:26:482016-05-02 16:26:48Encrypt It, Restrict It, Firewall It: The Panama Papers' Security Lessons for Lawyers
“All happy law firms are alike; each unhappy law firm is unhappy in its own way.” Tolstoy wrote that. Or maybe it was Tolstoy’s lawyer. I forget.
Whoever wrote it, it’s wrong.
Unhappy law firms – and by unhappy, I mean the law firms where the partnership is fracturing – are often unhappy in similar ways and for similar reasons. I regularly do consultations with a couple of lawyers who are planning to open a firm together. It makes sense; starting a law firm is scary, and doing it with someone you like and trust feels like it helps mitigate the risk.
https://www.ncbarblog.com/wp-content/uploads/2016/03/cover.jpg22123318NCBARBLOGhttps://ncbarblogprod.wpengine.com/wp-content/uploads/2018/06/Blog-Header-1-1030x530.pngNCBARBLOG2016-03-15 12:13:142016-03-15 12:13:14On the Ides Of March, a Soothsayer’s Tips On Making Law Partnerships Last
Lawyers now find themselves well into the era of social media discovery. Time was, Internet evidence was a novelty, and courts eyed such issues with wonder and skepticism. Cf. St. Clair v. Johnny’s Oyster & Shrimp, Inc., 76 F. Supp. 2d 773, 774 (S.D. Tex. 1999) (“[A]ny evidence procured off the Internet is adequate for almost nothing . . . .”). These days, these inquiries are routine. Accordingly, corporate counsel should be aware of the ethical principles governing social media research in litigation (whether they be conducting such research internally or relying on outside counsel to do so).
https://www.ncbarblog.com/wp-content/uploads/2016/03/adobestock_88488750-blue-icons_socialcomputer.jpeg22504000NCBARBLOGhttps://ncbarblogprod.wpengine.com/wp-content/uploads/2018/06/Blog-Header-1-1030x530.pngNCBARBLOG2016-03-10 15:46:122016-03-10 15:46:12Beware the Ethics Pitfalls of Social Media Research
Encrypt It, Restrict It, Firewall It: The Panama Papers’ Security Lessons for Lawyers
Featured Posts, UncategorizedBy Joyce Brafford
The leak of the Panama Papers has done more than reveal the underbelly of the international tax-dodger trade. This massive security breach, the biggest document leak in history, also serves as a wake-up call for lawyers and law firms about our responsibility to keep client information confidential.
The files, leaked to the International Consortium of Investigative Journalists, came from the Mossack Fonseca law firm in Panama. Their contents are incredibly incriminating for several multinational organizations and many world leaders as they describe the ways powerful and knowledgeable people have gamed the financial system to create tax havens in off-shore accounts. It’s important that you understand the contents and repercussions of the documents, certainly, but even more important is that you understand what this leak means for law firm security in the future.
Here’s the takeaway:
Read more
On the Ides Of March, a Soothsayer’s Tips On Making Law Partnerships Last
Featured PostsBy Erik Mazzone
“All happy law firms are alike; each unhappy law firm is unhappy in its own way.” Tolstoy wrote that. Or maybe it was Tolstoy’s lawyer. I forget.
Whoever wrote it, it’s wrong.
Unhappy law firms – and by unhappy, I mean the law firms where the partnership is fracturing – are often unhappy in similar ways and for similar reasons. I regularly do consultations with a couple of lawyers who are planning to open a firm together. It makes sense; starting a law firm is scary, and doing it with someone you like and trust feels like it helps mitigate the risk.
Read more
Beware the Ethics Pitfalls of Social Media Research
Featured Posts, UncategorizedBy James M. Dedman IV
Lawyers now find themselves well into the era of social media discovery. Time was, Internet evidence was a novelty, and courts eyed such issues with wonder and skepticism. Cf. St. Clair v. Johnny’s Oyster & Shrimp, Inc., 76 F. Supp. 2d 773, 774 (S.D. Tex. 1999) (“[A]ny evidence procured off the Internet is adequate for almost nothing . . . .”). These days, these inquiries are routine. Accordingly, corporate counsel should be aware of the ethical principles governing social media research in litigation (whether they be conducting such research internally or relying on outside counsel to do so).
Read more