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Hackers stole data from 31,000 companies in Liechtenstein — Deutsche Welle

Hackers stole data from 31,000 companies in Liechtenstein — Deutsche Welle

Liechtenstein suffered a large-scale cyberattack, which compromised the Register of Beneficial Owners of Legal Entities. Hackers gained unauthorized access to the database and stole information on approximately 31,000 legal entities. 

According to the principality’s government, a preliminary investigation indicates that an unknown attacker gained digital access to the registry on the night of July 30.

The Register of Beneficial Owners of Legal Entities contains information about the actual owners of companies, foundations, and trusts. It was established in 2021 to prevent money laundering and terrorist financing.

Following the incident, the Liechtenstein authorities formed a special task force to investigate the cyberattack and determine all the circumstances surrounding it.

Liechtenstein is one of the world’s smallest countries, located between Switzerland and Austria. The principality has a population of about 41,000 and an area of 160 square kilometers.

The country is one of the world leaders in terms of GDP per capita, and the financial and banking sectors are among the key industries of its economy. In 2017, Liechtenstein abolished banking secrecy in tax matters, and four years later, it introduced a register of beneficial owners to strengthen oversight of financial transactions.

This was reported by Deutsche Welle.

As a reminder, the international intelligence community InformNapalm has partially disclosed details of the operation that resulted in the destruction of a Russian fifth-generation Su-57 fighter jet in the Moscow region.

Over the past year, a group of Russian hackers has been conducting a large-scale cyberespionage campaign against American nuclear scientists, defense contractors, and government agencies.

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