The Liechtenstein government is urgently investigating a major cyberattack after hackers breached the beneficial ownership register of more than 31,000 funds and trusts on the night of July 29 to 30. Prime Minister Brigitte Haas stated that relevant agencies are working around the clock to identify the perpetrators and assess the damage. Meanwhile, Fabian Schmid, director of the government's Office of Information Technology, revealed that the malicious actors had access to the system for several hours, but no evidence has been found that data was altered or deleted. The accessed data includes names, dates of birth, nationalities, and countries of residence of beneficial owners, with no address, telephone number, or financial information leaked. The register system has been temporarily shut down for security reasons, although the government confirms that anti-money laundering checks and prevention processes continue to operate normally. This incident highlights the challenges global financial centres face in safeguarding data, even as Liechtenstein pursues its Clean Money Strategy and established the beneficial ownership register in 2021 to comply with international anti-money laundering standards.
Commvault Enables FedRAMP High Cloud for Federal Agencies
Commvault Systems has enabled its managed service provider partners to deliver FedRAMP High Authorized Commvault Cloud for Government services to U.S. federal agencies and defense contractors, broadening the company's public sector reach. The move lands on a stock with a 7 day share price return of 10.29% and a 90 day share price gain of 11.67%, though its 1 year total shareholder return is down 23.35% while the 3 year total shareholder return is up 111.68%. The most followed valuation narrative puts fair value at $161.15 against a last close of $145.21, implying roughly 10% upside, and rests on analyst expectations of about 10.6% annual revenue growth, profit margins rising toward 9.8%, and an 8.85% discount rate. That story leans on recurring SaaS economics, including 63% SaaS ARR growth, a 45% increase in multi-product customers, and 125% SaaS net dollar retention. A contrasting read notes the stock trades at a P/E of 88.1x versus 30.5x for the wider US Software group and a fair ratio of 38.7x, signaling valuation risk if sentiment cools.
Varonis Systems Launches Data Lifecycle Management Capability
Varonis Systems, Inc. launched Varonis Data Lifecycle Management, a new capability that automatically identifies and remediates redundant, obsolete, and trivial data across enterprise environments using its existing Data Security Platform. The launch ties data cleanup directly to sensitivity, access, and activity context, aiming to reduce storage waste, improve AI output quality, and help organizations address compliance exposures from scattered sensitive information. The DLM tool stacks on top of Varonis Atlas, the AI security platform that went generally available in March 2026, which targets discovery, posture management, and runtime protection for AI workloads. Together, Atlas and DLM broaden Varonis' role from guarding unstructured data to governing how that data is stored, used, cleaned up, and exposed across Snowflake, Claude, Cursor, and other cloud and AI partnerships. Varonis Systems' narrative projects $1.1 billion revenue and $120.7 million earnings by 2029, yielding a $50.68 fair value, an 8% upside to its current price, while the most pessimistic analysts were already modeling about US$1.0 billion of 2029 revenue.
Hackers threaten to leak Revolut customer data, demand $3 million ransom in Monero
Hackers have threatened Revolut with a ransom demand, seeking $3 million in Monero within 24 hours or they will expose the company's customer data. The hackers claim to be behind a cyberattack that leaked KYC and personal data of Revolut customers. The incident represents a significant security risk for the crypto company and its users, who must remain vigilant about the leakage of their personal data.
