Revolut Hit with $780M Ransom Demand After Customer Data Exposure
Revolut is facing a massive ransom demand of $780 million after attackers began publishing customer data allegedly stolen from the company. The attackers claim to have access to sensitive information, including identity documents and Bitcoin transaction histories.
The incident was caused by an authentication scam in which an unauthorized party submitted fake requests for customer information using a government agency email domain. Revolut provided the information before realizing it was a deception.
Revolut has confirmed that its systems and funds remain secure, but the company is facing criticism for its handling of the situation. The attackers are demanding 10,000 BTC, worth $780 million, in exchange for not releasing more sensitive customer data.