Layla (Bridget Moynahan) isn't the double agent, Walter Burke (Al Pacino) is. Layla's been under CIA orders to steal the Ice-9 program, a near-mythically dangerous software program that could cripple the country's defense systems. James Clayton (Colin Ferrell) kills another agent, Zack (Gabriel Macht), thinking he's also a bad guy, and delivers Layla's copy of Ice-9 to Burke, who tries to kill him. Clayton dupes Burke into explaining his whole plot to the dozen CIA operatives who show up tracking Clayton's cell phone, actually there to capture/kill Clayton. Burke is killed, Clayton exonerated, he and Layla reconcile, and it is implied that his father (killed in 1990) was a CIA man as well, although it is officially classifed.
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