The person or people behind an alleged data breach at Revolut are demanding $3 million worth of monero (XMR) within 24 hours, threatening to sell the stolen customer data to other criminal groups if the bank refuses to pay.
On Wednesday, the group, which calls itself “iamnotavillain,” posted the demand for 6,000 XMR, a cryptocurrency designed to obscure transaction details alongside a countdown clock, the FT first reported.
"Revolut has not received any direct contact or demand from the individuals or group making these claims,” a spokesperson for Revolut told CoinDesk.
At least 680 Revolut customer accounts were affected by the breach, according to the report.
The hackers told the FT they chose their targets using blockchain analysis to find Revolut accounts with significant crypto holdings.
The group sent the FT a 60-second screen recording that appeared to show some of the data it obtained. The video included passports, driver’s licenses, photos used for know-your-customer checks and transaction histories, according to the newspaper.
The breach came after attackers posed as government officials and sent requests for information that passed Revolut’s checks. Revolut handed over customer records before discovering the requests were fraudulent, according to notices previously sent to affected customers.
Revolut previously told CoinDesk that it blocked the address used in the requests and notified the relevant government agency, law enforcement and regulators. The company said its systems and customer funds were unaffected.
The hackers told the FT there had been no negotiations with Revolut at the time of publication.
UPDATE (Sept. 17, 08:50 UTC): Adds comment from Revolut spokesperson.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Source
This article is syndicated for educational reading. For the latest updates, visit the original publisher.
Read on coindesk.com
