Browsing: Revolut

Revolut, the global fintech, has announced the incorporation of Revolut Ventures in collaboration with Carne Group, Europe’s largest third-party management company.As explained, Revolut Ventures will serve as a bridge between selected investors and high-growth, unlisted technology companies.

Revolut customers across Europe were unable to open the fintech’s app or pay with their cards on Tuesday morning, after a service disruption hit several of its features.

Revolut customers in Ireland are among those impacted by a data breach at a third-party provider.

Hackers have seized on a data breach at digital financial firm Revolut to try and harvest more account information from customers

Only days after Revolut acknowledged that it disclosed sensitive customer records to an unauthorized party, affected customers are receiving phishing texts. However, we don’t know yet if the phishing texts are linked to the breach.

The Revolut data exposure may be part of a much broader cyber incident involving compromised Italian government infrastructure.

Fintech company Revolut is believed to have identified a group of about 680 customers that have been impacted by a recent data breach.

Revolut, Europe’s largest fintech company has disclosed a significant data breach after fraudsters posing as government officials convinced the financial technology company to hand over highly sensitive customer information, including identity documents, account details and transaction histories.

Speaking to Infosecurity on September 14, a Revolut spokesperson said an unauthorized third party submitted “fraudulent requests for information” using a “legitimate government agency domain email”.

Someone impersonating a government agency, using an email address on that agency’s domain, obtained sensitive customer records from Revolut. The bank confirmed the incident on Saturday, September 12.