50FINANCE
⚡ Markets: Reputational damage for Revolut and highlights systemic vulnerabilities in how companies handle law enforcement requests. Could lead to increased compliance costs and regulatory scrutiny for the fintech sector.
The financial technology company Revolut confirmed a data breach after attackers used fraudulent government information requests to access customer data, including identity documents and transaction histories. The attackers have reportedly threatened to leak the stolen data daily until a ransom is paid.
West MSM: noneFinancial press 1Regional 1Google West 13 countries
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