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Liechtenstein has revealed that hackers illegally accessed and copied data from its register of beneficial owners, compromising information linked to around 31,000 companies, foundations, and trusts. The government said the cyberattack occurred during the night of July 29–30 before authorities detected unusual activity and took the affected system offline.

The breached register, established in 2021 as part of the country’s anti-money laundering measures, contains information on the beneficial owners of legal entities. Officials said preliminary investigations indicate the attackers copied data but found no evidence that the information was altered or deleted. Authorities also confirmed that no bank systems or customer banking data were affected.

The government has formed a crisis task force led by Prime Minister Brigitte Haas and Justice Minister Emanuel Schaedler to manage the incident and notify those affected. Liechtenstein, known for its large number of low-tax trusts and financial services, is continuing its investigation into the cyberattack.

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The Bank of Valletta (Malta) has suspended all of its services in light of a hacking attempt. The bank has officially said in a brief statement that all their banking systems including ATM services and online banking had been shut down temporarily, and all BOV (Bank of Valetta) branches had closed early. The bank’s mobile app was back online on Thursday morning.

The bank added that it local and international police are investigating the attempted hack. The bank said that the client’s funds are safe. The fraudulent transactions had been traced and were “being reversed”, Prime Minister Joseph Muscat told parliament later on Wednesday. The attack was detected shortly after the start of business on Wednesday morning, Prime Minister Joseph Muscat told parliament, when it noted reconciliation problems regarding international transfers.

“Bank of Valletta apologises to its clients for any inconvenience caused and will be keeping its customers and the general public informed of developments,” the bank said in a statement reported by the Times of Malta. It added that customers’ funds “are in no way impacted or compromised” by the breach.

Sunaya Paison
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