Australian Software Developer Revealed the Panama Papers
May 23, 2016
The Panama Papers have released an entire slew of scandals that sent out ripples we will be dealing with for years to come. It also strikes another notch in the power of software and that nothing is private anymore. But how were the Panama Papers leaked? Reuters reports that a “Small Australian Software Firm Helps Join The Dots On The Panama Papers”.
Nuix Pty Ltd. is a Sydney-based software development company that donated its document analysis program to the International Consortium of Investigative Journalists (ICIJ) to delve through the data from Mossack Fonseca, the Panamanian law firm that leaked the documents. Reporters have searched through the data for some time and discovered within the 2.6 terabytes the names of politicians and public figures with questionable offshore financial accounts.
“By using the software, the Washington-based ICIJ was able to make millions of scanned documents, some decades old, text-searchable and help its network of journalists cross reference Mossack Fonseca’s clients across these documents. The massive leak has prompted global investigations into suspected illegal activities by the world’s wealthy and powerful. Mossack Fonseca, the firm at the center of the leaks, denies any wrongdoing. The use of advanced document and data analysis technology shows the growing importance of technology’s role in helping journalists make better sense of increasingly bigger news discoveries.”
Nuix Pty is a ten-year-old company and their products have been used to conduct data analysis in child pornography rings, people trafficking, and high-end tax evasion. Another selling feature for the company is their dedication to their clients’ privacy. They did not allow themselves to have access to the information within the Panama Papers. That is an interesting fact, considering how some tech companies need to have total access to their clients’ information.
Nuix sounds like the Swiss bank of software companies, guaranteeing high-quality services and products that guarantee results, plus undeniable privacy.