Irish Revolut customers' data involved in second security breach

A SECOND DATA breach involving Revolut customers has been confirmed by the fintech company.

This incident is separate to an earlier incident this month, when Revolut shared a number of its customers’ sensitive information with an unauthorised third party after it was duped by requests originating from a legitimate government agency email domain.

This incident pertains to US broker DriveWealth, which provides US stock trading services for Revolut customers.

DriveWealth provides execution and clearing services for Revolut customers who use the optional US stock trading feature. They hold customer information in order to carry out and settle those trades and for US regulatory compliance.

An unauthorised party accessed Revolut customer data held on its systems, a spokesperson for the UK company said.