Revolut reportedly facing $3m ransom demand after hackers steal hundreds of customers’ data

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The data breach has reportedly impacted about 680 of Revolut’s customers, targeting those with suspected cryptocurrency holdings. Photograph: Corey Rudy/Reuters View image in fullscreen The data breach has reportedly impacted about 680 of Revolut’s customers, targeting those with suspected cryptocurrency holdings. Photograph: Corey Rudy/Reuters Revolut Revolut reportedly facing $3m ransom demand after hackers steal hundreds of customers’ data Europe’s largest financial technology company confirmed it had fallen victim to an impersonation scam last week

Prefer the Guardian on Google Revolut is facing a reported $3m (£2.2m) ransom demand after hackers posing as government officials accessed the data of hundreds of the bank’s cryptocurrency customers, including one victim who says he fears for his safety.

Europe’s largest financial technology company confirmed last weekend that it had fallen victim to an impersonation scam in which hackers compromised an Italian government email system to contact Revolut staff and request personal customer details.

While the data breach only affected about 680 of Revolut’s 80 million global customers, it is believed to have targeted customers with suspected cryptocurrency holdings.

It is not clear how the scandal might affect Revolut’s much-anticipated stock market debut, with Revolut’s founder, Nik Storonsky, telling Les Echoes on Thursday that there were plans for a dual listing in both London and New York.