Hackers copy ownership records for 31,000 Liechtenstein entities
The breach hit a government register used to fight money laundering, exposing records tied to companies, foundations and trusts.
By Ryan Merket · Published
Primary source: Reuters
Why it matters
Beneficial ownership registers give authorities a direct view through companies, trusts and foundations. The same concentration makes a single breach valuable to criminals and intelligence operators.
Hackers copied data associated with roughly 31,000 legal entities from Liechtenstein's beneficial ownership register, forcing the government to take the system offline and begin notifying affected people and organizations.…
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