Hackers are demanding a $3 million ransom from the British fintech giant Revolut after siphoning data from it through fake government requests for five months.
Last week, the company notified potentially affected users that their personal information, passports, email addresses, phone numbers, and financial information were compromised in the data breach.
To obtain the information, the hackers posed as an official government agency. Because Revolut is required to respond to legal requests from law enforcement, it complied.
The company refrained from sharing the name of the impersonated government agency or the number of impacted individuals when contacted by SecurityWeek.
On Wednesday, a threat actor using the moniker ‘IAmNotAVillain’ publicly demanded $3 million from Revolut, threatening to sell the customer information allegedly obtained from the company.
However, it appears that the alleged hacker has not contacted the fintech giant directly to present their demands.
“Revolut has not received any direct contact or demand from the individuals or group making these claims,” a Revolut spokesperson said, responding to a SecurityWeek inquiry.
IAmNotAVillain also said publicly that a sample of the exfiltrated information was in the hands of a former associate who also claimed responsibility for the data breach.