Revolut data breach sparks ransom demands from hackers

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Revolut’s recent data breach has triggered ransom demands from multiple hacker groups, with IAmNotAVillain demanding 6,000 Monero (~$3 million) and Revolut Smilik previously requesting 10,000 Bitcoin (~$780 million). The company denies receiving any direct communication from these groups. Italian authorities are investigating unauthorized access to government systems, while the data privacy authority has ordered banks to review their security protocols. The incident has raised concerns about the effectiveness of KYC and AML measures in protecting user data and preventing financial crime.

Odaily Planet Daily reports that following a customer data breach at Revolut, multiple hacker groups have publicly demanded ransoms. The group identifying itself as "IAmNotAVillain" demanded that Revolut pay 6,000 Monero (XMR, approximately $3 million) within 24 hours, or else it would sell the customer data to other criminal organizations; another group, "Revolut Smilik," previously demanded 10,000 Bitcoin (approximately $780 million).

A Revolut spokesperson stated that the company has not received any direct contact or ransom demands from the individuals or organizations mentioned above. Meanwhile, Italy’s Anti-Mafia and Anti-Terrorism Bureau has intervened in the investigation, Italian prosecutors are probing unauthorized access to government computer systems, and Italy’s privacy regulator has requested that banks urgently review the security of their system access. (Cointelegraph)

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