Panama Papers Disclosure Could Have Been Averted, Shwed Says

  • Check Point CEO says technology tools could have stopped leak
  • Firewall inventor has $3b in cash, looking for acquisitions
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Corporate Internet security officers aren’t keeping up with the technology that could have prevented the financial dealings of some of the world’s richest people in Panama to be splashed all over the globe, according to Check Point Software Technologies Chief Executive Officer Gil Shwed.

“I don’t know if this was a hack or a leak. I do know there are solutions to both,” Shwed said in an interview. “There are great examples of technology that exist in the market place. Companies don’t use them and then they get hurt.”