Revolut reveal cyber security incident

Hackers accessed the personal details of tens of thousands of customers at Revolut, the fintech company has confirmed.
IT network security issuesAccording to the breach disclosure to the State Data Protection Inspectorate in Lithuania, where Revolut has a banking license, at least 50,150 customers have been impacted, reports BleepingComputer.

Revolut’s website says that it has approximately 20 million customers.

A Revolut spokesperson said an unauthorised party had access for a short period of time to details of only 0.16 percent of its customers.

“We immediately identified and isolated the cyber attack to effectively limit its impact and have contacted those customers affected. Customers who have not received an email have not been impacted,” Revolut said.

The fintech platform last year raised $800 million, valuing it at more than $33 billion.

An affected customer posted a Revolut email reply on the discussion forum Reddit, confirming the hack.

“We recently received a targeted cyber attack from an unauthorised third party that may have gained access to some of your information for a short period of time. You do not need to take any action. We wanted to let you know, and sincerely apologise for this incident,” Revolut said in its reply on forum.