Revolut ID Thefts Highlight KYC’s Dangers: Here’s How To Fix It
55 Articles
55 Articles
Cointelegraph
The New York LedgerRevolut ID Thefts Highlight KYC’s Dangers: Here’s How To Fix It
The technology to verify identity without storing sensitive documents already exists. So why does KYC still depend on massive databases of personal data?
The British Bank Revolut disclosed the identity of the clients to the intruders who sent false requests from the Italian prefecture.The British Fintech Bank Revolut gave the fraudsters personal and financial details of the clients after receiving false requests, reports Corriere della Sera. Communications came from the compromised e-mail of the Italian state agency. Requests were sent from the city of Regio Calabria prefecture, who claimed to be…
Asked and obtained customer data. The company: 'Fondi non touched' (ANSA)
The company delivered personal data from high-profile customers, such as tennis player Shevchenko. But criminals would have deceived the bank through a real email from the Italian Government. In this case the problem could extend and affect many more people than the users of fintech
Imagine receiving an email from your bank in which you are informed that your personal data, contact addresses, identification documents and financial data (historic transactions...
A group of pirates stole sensitive data from Revolut using a legitimate government e-mail address and now asks for ransom from the neobank
Coverage Details
Bias Distribution
- 38% of the sources are Center, 37% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
