CoinTelegraph
Hackers claiming to be behind a Revolut data breach are demanding a $3 million ransom in Monero within 24 hours, threatening to sell customers' confidential records, according to the Financial Times.
Why it matters
The demand puts one of Europe's largest fintechs under direct extortion pressure, with the attackers using Monero, a privacy coin that obscures transaction trails, as the payment rail. If the stolen data is genuine, millions of Revolut customers could have confidential records exposed or sold to other criminal groups even if the ransom is paid.
Market impact
Ransom demands in privacy coins are standard for extortion crews because Monero's opacity makes tracing payments far harder than Bitcoin. The 24-hour deadline leaves little room for negotiation, and attention now shifts to whether Revolut confirms the breach's scope and whether regulators intervene. Watch for any statement from the company and for Monero flows around the deadline.
Frequently asked questions
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How much ransom are the hackers demanding from Revolut?
The group claims to be behind a Revolut data breach and is demanding $3 million in Monero within 24 hours, threatening to sell customers' confidential records if unpaid.
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Why did the hackers demand payment in Monero?
Monero is a privacy coin that obscures transaction trails, making ransom payments far harder to trace than Bitcoin. It is the standard choice for extortion groups.
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What happens to Revolut customer data if the ransom is not paid?
The attackers threaten to sell the confidential records. Data sold once is typically resold, so exposure risk persists even if a ransom is eventually paid.
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How long do the hackers give Revolut to pay?
The demand carries a 24-hour deadline, which leaves the company very little room to negotiate or verify the stolen data.
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Who reported the Revolut ransom demand?
The Financial Times reported the hackers' claim and the $3 million Monero ransom demand tied to the alleged breach.
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