A total of 680 account holders have been affected globally.
It is understood that sensitive personal information belonging to 12 Revolut account holders in Ireland has been leaked in a data breach.
Last Saturday (12 September), Revolut said that it disclosed customer data to an unauthorised fraudulent party after receiving requests for information from an email with a government agency domain. The company mistakenly fulfilled the data requests before realising that the sender was phishing for data, it said in a community alert.
The leaked data includes full names, dates of birth, occupations, addresses and contact details, passports, drivers’ licenses, financial statements and facial verification images.
“Revolut recently identified a sophisticated external impersonation scam where an unauthorised third party utilised a legitimate government agency domain email to submit fraudulent requests for information,” a Revolut spokesperson said.
“Upon detection, we immediately blocked the address and alerted the relevant government agency as well as enforcement agencies, data protection, and financial regulators,” they added.
“Revolut systems and customer funds are unaffected. We have contacted the limited number of impacted individuals directly to inform them and provide support.”
A total of roughly 680 account holders are understood to have been affected globally. Revolut has more than 80m customers across the world, with roughly 3.4m based in Ireland.
The data leak comes as the fintech continues on its aggressive expansion campaign to establish itself as a licensed banking institution in major markets globally, including the UK, US, France, Australia, Mexico and Peru.
Reports from April suggest that the company is on its way to a $200bn valuation in an eventual initial public offering expected on or after 2028. It was last valued at $75bn after a major share sale last November.
It recently received approval to provide crypto services in the United Arab Emirates, adding to its more than 16m crypto customers across Europe and the UK. The fintech also announced its own euro-backed stablecoin called EURR last month.
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