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Super-rich fear their financial details will be exposed following Bermuda cyber hack

Super-rich fear their financial details will be exposed following Bermuda cyber hack

THE TELEGRAPH – HAYLEY NIXON/PHOTO CREDIT: TWITTER APPLEBY GLOBAL

Some of the world’s richest people were braced for their financial details to be exposed on Tuesday night after a major offshore company admitted that its computer records had been hacked.

Appleby, a firm based in Bermuda with offices in many tax havens, said it was in the process of warning clients that they may be implicated in a massive leak of sensitive information.

It is understood the leak involves some of Britain’s wealthiest people, who were instructing lawyers and public relations companies in an effort to protect their reputations.

The disclosure of the leak also threatens to call into question the status of several British Overseas Territories which can offer tax benefits to the very wealthy. If questionable activities or conduct are exposed, the British Government is also likely to face searching questions over its oversight of the territories involved.

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