Revolut Faces Data Breach Threat as Ex-Employee Demands Cryptocurrency

A former employee of Revolut has reportedly threatened to leak customer Know Your Customer (KYC) data unless paid in cryptocurrency. According to NS3.AI, this threat was highlighted by a social media user, leading Revolut to confirm its collaboration with law enforcement authorities. The company has reassured its customers about the security of its systems. This incident has sparked concerns regarding data protection and the management of employee access within fintech companies.