Revolut facing ransom request after hackers obtain customers' data
Fintech company Revolut is facing a ransom demand from hackers who obtained sensitive customer data through an impersonation scam. The company claims its core infrastructure remains secure but has confirmed that personal information, including identity documents, was compromised.
Why it matters
This incident underscores the growing vulnerability of digital banking platforms to sophisticated social engineering attacks and the subsequent risks to user privacy.
Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Add as a preferred source on Google Revolut was founded in 2015. A group of Revolut hackers are threatening to release stolen customer data unless they receive payment from the fintech, after the company inadvertently handed over a trove of users' private information.
The digital banking giant said over the weekend a "very limited" number of customers had been affected by an impersonation scam, which compromised data including customers' identity documents, postal and email addresses, facial verification image and phone numbers.
In messages to City AM on Monday, the hacker group, calling itself Revolut Smilik, confirmed it is seeking payment from Revolut and would release "more and more data everyday" if it did not pay. Several notable figures have already had their data released, according to the messages.
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