ValartisBank

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  • Reuters/Arnd Wiegmann

    Hackers target bank account in 'tax haven' Lichtenstein

    by 
    Steve Dent
    Steve Dent
    11.29.2016

    Tiny Lichtenstein is known for its adorable castles, alpine vistas and, until recently, being an unabashed tax haven for billionaires. However, some customers may regret stashing any funds in the principality because of a hack at the Valartis Bank, according to Bild am Sonntag (paywall). While the attackers didn't gain direct access to funds, they reportedly stole sensitive banking information. In letters obtained by the German site, they've threatened to release the data unless paid a staggering 10 percent of account balances in Bitcoin by December 7th.