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Revolut Hackers Issue $3 Million Ransom for Customer Data

Hackers claiming to have breached British FinTech Revolut have now reportedly issued a ransom demand. The group, known as “iamnotavillain,” is threatening to sell confidential information about hundreds of customers unless the online bank pays a roughly $3 million ransom within 24 hours, the Financial Times reported Wednesday (Sept. 16). “Revolut has not received any […] The post Revolut Hackers…

Revolut Hackers Issue $3 Million Ransom for Customer Data

Hackers, identified as "iamnotavillain," have demanded a $3 million ransom from British FinTech company Revolut in exchange for not selling confidential customer data. The group threatened to release information about 680 customer accounts, including driver's licenses, passports, and KYC verification photos, unless Revolut paid 6,000 XMR, worth $2.9 million.

Revolut claims its systems and customer funds were not compromised. This ransom demand is unusual as hackers typically make private requests, revealing themselves only if their demands are refused. The hackers gained access to the data by posing as law enforcement and compromising an Italian government email system over several months. Revolut has notified law enforcement and regulators.

Written by urgent.news from PYMNTS's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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