Security· ★★★· bearish·

Revolut disclosed client data in response to fake government request

  • Passports, selfies, IBANs, and BTC transaction history were disclosed
  • The requests came from a genuine government domain and passed authentication
  • Private keys, cards, and client funds were not affected
  • The number of affected clients and dates of the incident were not disclosed
Why it matters: The incident undermines trust in fintech KYC procedures and could increase regulatory pressure on Revolut.
Source: CoinPost