Offshore law firm discloses data breach
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A Bermuda-based law firm has disclosed that its data was compromised last year.
The Appleby firm said in a website statement that it has reviewed its cybersecurity arrangements after “a data security incident last year which involved some of our data being compromised.” Law.com, Bloomberg News and the Independent covered the disclosure.
Appleby made the disclosure after receiving an inquiry from the International Consortium of Investigative Journalists and some of its media partners. The consortium published documents last year obtained from the Panamanian law firm Mossack Fonseca, revealing the offshore wealth of politicians and celebrities. A Mossack Fonseca partner said the data had been hacked.
Appleby’s clients include wealthy individuals, top companies and financial institutions. The law firm said it had “thoroughly and vigorously” investigated allegations made against its business and some of its clients, “and we are satisfied that there is no evidence of any wrongdoing.”
The law firm said it thought the journalism group’s allegations “are unfounded and based on a lack of understanding of the legitimate and lawful structures used in the offshore sector.”
The firms said that after a review and testing, it is “confident that our data integrity is secure.”