A cyberattack compromised data belonging to about 31,000 people in Liechtenstein’s register of beneficial owners linked to companies, foundations, and trusts.
Liechtenstein’s Register of People Behind Companies and Foundations is a government-maintained register of beneficial ownership. Its purpose is to identify the natural persons who ultimately own or control legal entities established in Liechtenstein, even when those entities are held through layers of companies, trusts, or nominees.
The register was created to comply with international anti-money laundering (AML) and counter-terrorist financing (CTF) standards, particularly those promoted by the Financial Action Task Force and European transparency rules.
The register typically contains information on individuals connected to:
The information generally includes:
Authorities are investigating the incident and assessing the impact on affected individuals and organizations.
Liechtenstein’s register of economic beneficiaries was breached overnight last Wednesday to Thursday. Authorities detected the intrusion on Thursday, secured the data, and took the system offline in response to the security breach. Officials said there is no evidence that any records were altered or deleted during the cyberattack.
The government established a crisis unit over the weekend to investigate the cyberattack, the Associated Press reported.
Follow me on Twitter: @securityaffairs and Facebook and Mastodon
(SecurityAffairs – hacking, cybercrime)