Cybercrime: Hackers steal tens of thousands of government data in Liechtenstein

Liechtenstein, a principality known for its financial services and reputation as a tax haven, has fallen victim to a significant cyberattack. Cybercriminals successfully infiltrated a registry aimed at preventing money laundering and terrorism financing, stealing personal data from around 31,000 individuals.

The government confirmed the breach occurred overnight between Thursday and Friday, prompting the immediate formation of a crisis team to manage the situation. The hackers targeted the "Register of Beneficial Owners," established in 2021, which contains information on individuals who ultimately own or control companies, foundations, or trusts. Liechtenstein maintains this register to combat financial crime.

An investigation team is actively working on the incident, with plans to notify affected individuals as soon as possible. The crisis team is being led by Liechtenstein's Government Chief Brigitte Haas and Justice Minister Emanuel Schädler. The small nation, with approximately 41,000 inhabitants and an area comparable to Wuppertal, Germany, is one of the wealthiest states globally per capita, largely due to its robust financial and banking sector.

While Liechtenstein's financial sector has historically been used by some Europeans for tax evasion, its banking secrecy in tax matters was lifted in 2017. This latest cyberattack highlights ongoing vulnerabilities in data security, even in wealthy and well-regulated jurisdictions.