Hackers Demand $3 Million Monero Ransom From Revolut After Data Breach

According to BlockchainReporter, a hacker group calling itself iamnotavillain has publicly demanded a $3 million ransom in the privacy coin Monero from the fintech company Revolut. The group threatened to sell stolen customer data within twenty-four hours if the London-based firm fails to pay. The demand was posted on a dark-web site following a confirmed breach that exposed identity documents belonging to approximately 680 European customers. Italian prosecutors stated that attackers obtained the records by using a compromised institutional email account belonging to the Reggio Calabria prefecture in Italy, submitting requests that appeared to originate from a government body. Revolut confirmed that customer funds remained untouched, though personal details including birth dates and contact information were exposed. The hackers claim to hold 147 gigabytes of data and demanded 6,000 XMR. Italy’s National Anti-Mafia and Counter-Terrorism Directorate is investigating the case, and the Italian data protection authority has contacted its counterpart in Lithuania, where Revolut has its registered office.