DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

Liechtenstein bank owes tax dodger damages, court rules

Posted on February 8, 2010 by Dissent

A German tax dodger has won millions in damages in a suit against his Liechtenstein bank for failing to reveal that his information was stolen along with hundreds of other account holders and sold to Berlin for a criminal investigation.

The case against LGT Treuhand, a former subsidiary of the LGT Group, was decided in January, according to a report in daily Süddeutsche Zeitung on Monday.

The Bad Homberg real estate developer, who was exposed for tax evasion when a bank employee sold the data to the German intelligence service for €4.5 million two years ago, has been awarded €7.3 million by the Vaduz district court.

Read more in The Local (De)


Related:

  • PowerSchool commits to strengthened breach measures following engagement with the Privacy Commissioner of Canada
  • Hungarian police arrest suspect in cyberattacks on independent media
  • Two more entities have folded after ransomware attacks
  • British institutions to be banned from paying ransoms to Russian hackers
  • Data breach feared after cyberattack on AMEOS hospitals in Germany
  • Global hack on Microsoft product hits U.S., state agencies, researchers say
Category: Non-U.S.Of Note

Post navigation

← IA: Security breaches of state computer systems in recent years
HIPAA Harm Threshold Works, Say Providers →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • PowerSchool commits to strengthened breach measures following engagement with the Privacy Commissioner of Canada
  • Hungarian police arrest suspect in cyberattacks on independent media
  • Two more entities have folded after ransomware attacks
  • British institutions to be banned from paying ransoms to Russian hackers
  • Data breach feared after cyberattack on AMEOS hospitals in Germany
  • Microsoft Releases Urgent Patch for SharePoint RCE Flaw Exploited in Ongoing Cyber Attacks
  • Global hack on Microsoft product hits U.S., state agencies, researchers say
  • Inquiry launched after identities of SAS soldiers leaked in fresh data breach
  • UK sanctions Russian cyber spies accused of facilitating murders
  • Michigan ‘ATM jackpotting’: Florida men allegedly forced machines to dispense $107K

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • British government reportedlu set to back down on secret iCloud backdoor after US pressure
  • Idaho agrees not to prosecute doctors for out-of-state abortion referrals
  • As companies race to add AI, terms of service changes are going to freak a lot of people out. Think twice before granting consent!
  • Uganda orders Google to register as a data-controller within 30 days after landmark privacy ruling
  • Meta investors, Zuckerberg reach settlement to end $8 billion trial over Facebook privacy violations
  • ICE is gaining access to trove of Medicaid records, adding new peril for immigrants
  • Microsoft can’t protect French data from US government access

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net

Mastodon: Infosec.Exchange/@PogoWasRight

Signal: +1 516-776-7756

DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.