Canada:
Panama Papers Highlight Need For Proper Cybersecurity
18 April 2016
Borden Ladner Gervais LLP
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The Panama Papers, which continue to dominate headlines
worldwide (see for example this recent article on the
CBC's website) are an important reminder that maintaining
the confidentiality of sensitive information is a significant
challenge in today's world. As some world leaders, and former
leaders, recently discovered, information and data which is in the
possession of third party service providers is vulnerable to
cyberattack, whether it is held by professional firms such as
Mossack Fonseca or others. It is also a further reminder that the
information security practices of third party service providers
should be carefully reviewed and monitored on a regular basis.
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