Flaw in Revolut payment systems exploited to steal $20 million

Organized criminal groups exploited a flaw in Revolut’s payment systems and made off with $20+ million of the company’s money, the Financial Times reported on Sunday, citing people with knowledge of the situation. Revolut’s cybersecurity troubles Revolut is a privately held financial technology company that offers a variety of services to over 30 million customers around the globe. It is headquartered in London and licensed and regulated by the Bank of Lithuania (within the EU). … More →

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