The massive Panama Papers data leak explained
A data breach at Panamanian law firm Mossack Fonseca is being touted as the largest ever, at least in terms of the sheer volume of information leaked.
The leaked information allegedly details the ways dozens of high-ranking politicians, their relatives or close associates in more than 40 countries, including the U.K., France, Russia, China, and India, have used offshore companies to hide income and avoid paying taxes. Starting on Sunday, more than 100 news organizations filed reports based on the leaked information.
The numbers: The leaks reportedly cover 11.5 million confidential documents dating from the 1970s through late 2015. The 2.6 terabytes of leaked data include 4.8 million emails, 3 million database format files, 2.2 million PDFs, 1.1 million images, and 320,000 text documents.
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