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Revolut Hackers Demand $3 Million Ransom After Data Breach

· Technology · Economic Times, Financial Times, Reuters

Hackers responsible for a data breach at British fintech firm Revolut have threatened to sell confidential records of hundreds of customers to other criminal groups unless a $3 million ransom is paid within 24 hours, according to a Financial Times report on Wednesday. Revolut did not immediately respond to a Reuters request for comment outside business hours. The breach exposes sensitive customer information, raising cybersecurity concerns across the digital banking sector. Investigators have not yet identified the specific hacker group behind the extortion demand.

Why it matters

The extortion threat exposes sensitive financial data of hundreds of customers, testing the cybersecurity resilience and incident response of major fintech platforms.

Read the original report — Economic Times

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