• The data breach at digital bank Revolut may have affected 50,000 customers

  • Revolut, a digital bank that incorporates crypto trading among its services, suffered a data breach that may have exposed the personal information of over 50,000 users.

    Last week, Revolut notified the Lithuanian State Data Protection Inspectorate (VDAI) of an incident in which access to its database was obtained through phishing.

    Data from 50,150 clients, including 20,687 in the European Economic Area (EEA), including names, addresses, and e-mail addresses, may have been compromised. According to Revolut, the figure represents 0.16% of its customers.

    “We immediately identified and isolated the attack to effectively limit its impact and have contacted those customers affected,” a Revolut spokesperson said in an emailed statement.

    The company has over 20 million customers worldwide and now provides exposure to about 80 crypto assets. Revolut’s yearly income of 261 million British pounds ($300 million) in 2020 is made up of roughly 10% cryptocurrency trading.

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