U.S. embassies are still reeling from the massive leak of confidential documents revealed by WikiLeaks last November, containing embarrassing and sensitive details on dealings with world leaders and governments. So why should corporate compliance officers be concerned? Because Julian Assange, the man at the center of the controversial Website, says that the next target is Corporate America.   

In numerous interviews Assange has hinted that the site has reams of documents that could be devastating to BP, an unnamed large U.S. bank, and hundreds of other companies. And he says they could be released to the public en masse this spring or summer.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...