Revolut faces ransom demand amid planned London and New York dual listing
1 report, 1 independent
Updated Sep 17
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Revolut is reportedly facing a $3 million (£2.2 million) ransom demand after hackers accessed the data of hundreds of its customers. The company confirmed it was the victim of an impersonation scam where hackers used a compromised Italian government email system to contact Revolut staff. The founder, Nik Storonsky, stated that there were plans for a dual listing in both London and New York.
From theguardian.com
Why it matters
The alleged hackers threatened to publish customer data unless a ransom was paid. The data breach introduces significant market risk to Revolut's anticipated dual listing in New York. The incident also raises questions regarding financial data security in London.
From theguardian.com
Who's involved
- RevolutFinancial technology company exploring a dual listing in major financial centers.
- New YorkMajor global financial center targeted for potential dual listing.
- LondonMajor global financial center where Revolut operates from its base.
- Mark KarpelèsFormer CEO of Mt. Gox who was personally affected by the data breach.
How it developed
Newest first. Tap a step to see who reported it.- DriveWealth provides US stock trading services for Revolut customers.Sub-event
Revolut explores dual listing in London and New York; former Mt. Gox CEO speaks to Guardian.1 source