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Revolut Customer Data Leaked in Fraud Incident Ahead of Israeli Launch

By מערכת חמ״ל
Translated & summarized from Hamal by baba
Revolut Customer Data Leaked in Fraud Incident Ahead of Israeli Launch
Editorial illustration generated by baba News — not a photograph of the event.
The story · English

Financial technology firm Revolut experienced a data breach that exposed customer information due to a fraudulent incident, occurring just before its planned launch in Israel. The exact number of affected customers and the specific details of the leaked data were not immediately disclosed. The breach raises concerns about the security measures in place for the company's upcoming expansion into the Israeli market.

Revolut, a UK-based company, offers a range of financial services including currency exchange, debit cards, and mobile banking. The incident highlights potential vulnerabilities in handling sensitive customer data, especially during a period of market entry. Further details regarding the nature of the fraud and the extent of the data exposure are expected as the investigation progresses.

The company has not yet released a public statement regarding the breach or its implications for Israeli customers. The incident could potentially delay or impact Revolut's planned launch in Israel, pending a thorough review of security protocols and customer protection measures.

Read the original at Hamal
Full coverage · 6 outlets
100% centerFirst: TheMarker · 8h ago

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