Revolut Confirms Data Breach Exposing Customer Information
Revolut has confirmed a data breach that exposed customer information to unauthorized parties. The incident occurred when attackers submitted fraudulent government or legal requests to the company, tricking employees into releasing customer data.
The company stated it has notified affected customers and alerted the relevant government agencies, law enforcement authorities, and financial regulators. This type of attack, where bad actors impersonate government officials or legal entities to obtain sensitive data, is a known social engineering technique that has targeted financial institutions and other organizations.
Security experts recommend that companies implement strict verification procedures for all data requests, especially those claiming to come from government or regulatory bodies, to prevent similar incidents.