Although many people are rejoicing in the Panama Papers outing of illegal and unethical activity by rich and powerful individuals and companies across the globe, information security professionals can also take the opportunity to learn a few lessons. The International Consortium of Investigative Journalists (ICIJ), Monday, published a report based upon a yearlong study into an enormous store of 11.5 million documents -- 2.6 TB of data mostly emails -- leaked from Panamanian law firm Mossack Fonseca. The leaked data reveals secret information about the offshore holdings of political leaders and crime lords alike, and has exposed illegal practices used to hide wealth, disguise sources of wealth, and evade taxes. (Source : Darkreading) Search in the Internet, news, blogs and linkedIn etc., more about Panama papers leak and answer the following questions. • Assume you are the security consultant for the firm Mossack Fonseca, what are the lessons learnt from the data breach • What are the best possible solutions to avoid these types of data breaches in future? • Explain the embarrassing privacy issue that will be raised by the customers especially at the multinational level.