Revolut Exposed Customer Data After Falling for Fraudulent Government Request
Source Summary
Revolut disclosed customer personal information including passports, selfies, home addresses, and Bitcoin activity after responding to a fraudulent government request that it treated as legitimate. No customer funds were lost in the incident. The digital bank fell victim to a fake official request and handed over sensitive data without proper verification.
Why it matters
The incident demonstrates a significant security vulnerability in how financial institutions verify official data requests, exposing sensitive customer information despite no direct financial loss.
