London-based fintech unicorn Revolut announced on Tuesday, September 20, that it has suffered a highly-targeted cyberattack that gave unauthorised third-party access to the personal information of thousands of clients.
According to a report, hackers obtained access to the Revolut database through social engineering methods. However, Revolut’s security team took prompt action to eliminate the attacker’s access to the company’s database and stop the incident.
In a statement to TechCrunch, Revolut spokesperson Michael Bodansky says, “Unauthorised third parties obtained access to the details of a small per cent (0.16%) of our customers for a short period.”
“We immediately identified and isolated the attack to limit its impact effectively and contacted those affected customers,” Bodansky says. “Customers who have not received an email have not been impacted.”