British fintech Revolut confirmed that sensitive customer information was disclosed to an unauthorised third party after it received fraudulent requests sent from a legitimate government agency email domain, a spokesperson for the company told Reuters on Saturday.

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Here are a few details:

  • “Upon detection, we immediately blocked the address and alerted the relevant government agency as well as enforcement agencies, data protection, and financial regulators,” the spokesperson said.

  • “Revolut systems and customer funds are unaffected,” the spokesperson said without disclosing the exact number of individuals affected by the breach.

  • The compromised data included customers’ birth date, postal and email addresses, and phone numbers, as well as copies of their identity documents including passports and driver’s licences, according to a TechCrunch report.

  • Revolut is planning for a potential public listing and aiming for a valuation of up to $200 billion.

  • It is one of the most successful European fintech companies, with no physical bank branches.


Source: Khaleej Times