Revolut to Cover ID Replacement Costs After Hackers Use Compromised Police Email to Steal User Data

Revolut will cover the costs for 680 affected customers to replace their identity documents after mistakenly sending their personal data to hackers. The attackers successfully tricked the London-based bank by taking control of an unused email address belonging to Italy's Reggio Calabria police system. Italian Interior Minister Matteo Piantedosi told lawmakers that Revolut should have conducted minimal due diligence to verify the request. Revolut's Western Europe CEO Béatrice Cossa-Dumurgier pushed back, stating that government agencies are sometimes the "weak link" and confirming the bank's own internal systems were never breached. "If they ever have to change their ID documents, we're taking care of the associated costs" — Béatrice Cossa-Dumurgier