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Cyberattack Hits Liechtenstein’s Register of People Behind Companies and Foundations

The list of people behind companies, foundations and trusteeships is part of efforts to combat money laundering and terror financing. The post Cyberattack Hits Liechtenstein’s Register of People Behind Companies and Foundations appeared first on SecurityWeek .

A cyberattack infiltrated the data of approximately 31,000 individuals in Liechtenstein's register of economic beneficiaries, according to the government. The breach occurred overnight from Wednesday to Thursday of the previous week, and was detected on Thursday. Measures were promptly implemented to secure the data, which was subsequently taken offline.

The government stated that there were no signs of any data being modified or deleted. The register, a crucial component in efforts to prevent money laundering and terrorist financing, holds information on individuals behind companies, foundations, and trusteeships. Liechtenstein, a nation of 40,000 people nestled between Switzerland and Austria, relies significantly on its financial sector.

In response to the incident, the government established a crisis unit to conduct a thorough investigation.

Written by urgent.news from Associated Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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