Tuesday, July 11, 2023

Revolut Faces $20 Million Loss as Attackers Exploit Payment System Weakness

Malicious actors exploited an unknown flaw in Revolut's payment systems to steal more than $20 million of the company's funds in early 2022. The development was reported by the Financial Times, citing multiple unnamed sources with knowledge of the incident. The breach has not been disclosed publicly. The fault stemmed from discrepancies between Revolut's U.S. and European systems, causing funds
https://thehackernews.com/2023/07/hackers-steal-20-million-by-exploiting.html?utm_source=dlvr.it&utm_medium=blogger

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