Revolut Ltd. said it had not been directly contacted or made a request by any individual or group nearly a week after the fintech company reported a scam involving an unauthorized third party that exposed sensitive information of some customers.
A spokesman for the London-based company commented on Thursday in response to a Financial Times report detailing a public ultimatum issued on the site by hackers claiming they were behind the data breach. It demands a ransom of $3 million within 24 hours or they will sell the confidential information.
The fast-growing company, which was valued at $115 billion in July, said on September 12 that a “limited amount” of customer data was affected by the breach, with about 680 accounts understood to be involved. Revolut said that as soon as it discovered the scam, it blocked the address (a legitimate government email domain) and alerted relevant authorities, including law enforcement.
Revolut also said its systems and customer funds were not affected by what it called a “sophisticated external impersonation scam” and that it has provided support to those affected by the breach.
The fintech company has more than 80 million customers globally and aims to reach 100 million. The bank received conditional approval in early September to operate as a national bank in the United States, which it considers a key market.
Photo: Corporate branding at the Revolut Ltd. offices near La Bourse, Paris; Photo credit: Nathan Laine/Bloomberg
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