Online bank Revolut suffers data breach

Online banks process particularly sensitive data, and any breach is likely to worry clients. Fintech company Revolut recently admitted it had suffered a « highly targeted cyberattack ». « An unauthorised third party » was able to gain access to « the data of 32,000 customers » or « 0.16% » of the start-up’s more than 20 million customers.

The online bank stated that the intrusion lasted a short period of time, since the attack was « immediately detected and isolated » and « no funds were accessed or stolen ». According to Resolut, customers need not worry and can « continue to use [their] card[s] and account[s] normally ».

However, the bank did not say whether it was pressing charges nor what types of data the hackers had access to. A simple desire to protect the ongoing investigation, or a form of opacity to keep customers from worrying? As is often the case with such a compromise, we could be forgiven for having our doubts.