Few data breaches in history provide insight on the secrecy of the elite as consummately as The Panama Papers – a collection of data-leaked information from Panama-based, corporate-service-providing law firm, Mossack Fonseca. After an anonymous source shared over 11 million leaked files with the International Consortium of Investigative Journalists (ICIJ), the financial dealings of 214,000 offshore companies took center stage in headlines of the Wall Street Journal and The New York Times—tracing billions of dollars to a financial web involving over 140 politicians and notorious public figures, including Vladimir Putin, the Prime Minister of Ukraine, and the king of Saudi Arabia. Although the fiscal and political interworking of the data breach has been thoroughly covered, it’s also worth examining the Panama Papers in a holistic, organizational perspective: One in which information security isn’t enough if accountability can’t be ensured through document management software and similar enterprise software. Keep reading to see why.

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