Security· ★★★· bearish·

Revolut to cover new ID documents for 680 customers after data breach

  • —Breach affected 680 customer accounts, 55 of them in France
  • —Attackers obtained data via a compromised Italian authority's email system
  • —Leaked fields include passports, licences, addresses, statements and selfies
  • —Ransom demand was about $3 million; Revolut refused to pay
Why it matters: The leaked KYC dataset can be used to hijack bank and crypto accounts for years, so covering document fees does not remove the core risk.
Source: CryptoTicker