Cyberattack Hits Liechtenstein’s Register of People Behind Companies and Foundations
A cyberattack compromised the Liechtenstein Register of People Behind Companies and Foundations, exposing data of approximately 31,000 individuals. The breach was discovered during a routine check and prompted a government crisis response to investigate the incident and secure the system.
A cyberattack targeted the Liechtenstein Register of People Behind Companies and Foundations, resulting in the exposure of data for roughly 31,000 individuals. The register, a crucial component of Liechtenstein’s efforts to combat money laundering and terrorist financing, was accessed remotely during the night between Wednesday and Thursday last week. The government detected the breach on Thursday and immediately implemented measures to secure the data and take the system offline to prevent further unauthorized access. The register contains information about the individuals behind companies, foundations, and trusts, a vital tool for preventing illicit financial activities within the nation's economy. Liechtenstein, a small nation nestled between Switzerland and Austria, relies heavily on its financial industry, making this breach a significant concern for the country’s stability and international reputation.