Revolut said 0.16pc of its global customers were affected by a data breach that was detected and contained 'within hours'.
The Lithuanian breach disclosure says that social engineering techniques were used by the hacker to access Revolut’s database. The hackers behind the breach appear to be conducting an [“unprecedented” phishing campaign](https://www.siliconrepublic.com/enterprise/twilio-hack-phishing-campaign-okta), compromising more than 130 organisations, according to a report by cybersecurity company Group-IB last month. “Although your money is safe, you may be at increased risk of fraud,” the email says. “Revolut has taken all appropriate steps and customers who have not heard from us are not affected.” A The fintech said that 0.16pc of its global customers were affected by a data breach.
Cyberattack exposes the data of over 50000 customers.
All customers can continue to use their cards and accounts as normal. Set up any available bank alerts to notify you of activity on your accounts. 'We immediately identified and isolated the attack to effectively limit its impact and have contacted those customers affected. However, you should be vigilant to suspicious activity, including suspicious emails, phone calls or text messages. The company was hit by a data breach late at night on Sunday 11 September, which it says affected less than 1% of its customer base. It said access to the Revolut database was breached through social engineering.
UK-based super-app Revolut has fallen victim to a “highly targeted” cyber-attack that may have affected tens of thousands of customers.
“To be clear, no funds have been accessed or stolen. “We immediately identified and isolated the attack to effectively limit its impact and have contacted those customers affected. This resulted in an unauthorised third party obtaining access to the details of a small percentage (0.16%) of our customers for a short period of time.
Fintech company Revolut has suffered a social engineering attack that has exposed the personal data of customers.
[third party gaining access](https://www.cshub.com/attacks/news/ihg-booking-systems-disrupted-in-cyberattack) to Revolut’s database and the personal information of 50,150 users. In comments on the post, however, another Reddit user criticized Revolut for only emailing its affected customers rather than making a public statement. One user, who claimed to have been affected by the incident, shared details of an email they received from the fintech, which stated the “isolated incident” saw Revolut take “immediate action to properly manage...and protect [its] customers”. The State Data Protection Inspectorate in Lithuania, where Revolut has a banking license, [explained in a statement](https://vdai.lrv.lt/lt/naujienos/valstybine-duomenu-apsaugos-inspekcija-pradejo-tyrima-del-revolut-asmens-duomenu-saugumo-pazeidimo) that the breach was [due to a social engineering attack](https://www.cshub.com/attacks/news/oktapus-attack-on-twilio-exposes-data-of-163-companies). [made it onto Reddit](https://www.reddit.com/r/Revolut/comments/xew1w3/revolut_was_hacked/). [during a data breach](https://www.cshub.com/attacks/news/samsung-hit-with-class-action-lawsuit-following-data-breach).
Challenger bank Revolut has fallen victim to a cyber attack, where a third party was able to see users' personal details.
It is also advising customers to watch for suspicious emails, phone calls and text messages to avoid potential phishing scams. The Revolut cyber attack comes in the wake of a number of other high-profile data breaches this month. [Okta](https://www.computing.co.uk/news/4046978/okta-confirms-investigation-potential-breach-lapsususd-group), [Uber](https://www.computing.co.uk/news/4056471/uber-investigating-total-compromise-internal-systems) and Mailchimp, have used this strategy. Revolut discovered the unauthorised access on 10th September, and was able to contain the incident by the following morning. That sounds small, but Revolut claims to have more than 20 million personal banking customers, which would mean at least 32,000 people's details were exposed - and in fact, Revolut itself has admitted the breach has affected more than 50,000 individuals. [hackers compromised data](https://www.bleepingcomputer.com/news/security/revolut-hack-exposes-data-of-50-000-users-fuels-new-phishing-wave/) belonging to 0.16% of its customers"for a short period of time".
The challenger bank claims the attack impacted just a tiny proportion of its customers, but that they will need to be increasingly vigilant about fraud ...
[Revolut ](http://www.altfi.com/companies/revolut)clarified that the type of personal data compromised will vary between different customers. [Revolut ](http://www.altfi.com/companies/revolut)is definitely an example of a company that is growing rapidly. 20 September 2022 [Revolut ](http://www.altfi.com/companies/revolut)spokesperson. [Revolut ](http://www.altfi.com/companies/revolut)included the above warning about a potential scam. [Financial Conduct Authority ](http://www.altfi.com/companies/financial-conduct-authority)( [FCA)](http://www.altfi.com/companies/financial-conduct-authority) highlighted weaknesses in six challenger banks' IT systems when came to preventing cybercrime and financial crime.
TechCrunch reported on Wednesday that Fintech startup Revolut, a British financial technology company, has confirmed it was hit by a highly targeted ...
Revolut warned that the breach appears triggered a phishing campaign and urged customers to be careful when receiving any communication regarding the breach. Although no funds were accessed or stolen in the attack, Revolut declined to say what types of data were accessed. “We immediately identified and isolated the attack to effectively limit its impact and have contacted those customers affected,” Bodansky said.