Hackers hit online bank Revolut, millions were stolen

Xaĸep attack hit Revolut.
Millions were stolen from the online bank Revolution, the world media reported. The most likely reason for this is a flaw in the US Revolut payment system, which allowed some criminals to raise the stakes in the country over the past few months. year. Because of this, fintex companies are trying to solve the problem.

The problem arose from the difference between the European and American payment systems, which resulted in the failure of some of the tanks Revolut incorrectly reimbursed the money estimates, forward-looking statements, three known sources cited by Reuters.

Waiting for a banking license in the United Kingdom

The fintex company is still waiting for a banking license in the UK, more than two years after it first announced it had applied.

This is a much longer period than the usual one year.

The loss, which has not yet been made public, is likely to prompt pressure on Revolution, which should result in the firing of several conductors and an audit of the water company.

Although Revolution has recovered part of the approximately one million that it lost, its net loss has reached about one million, amounting to almost a third of its annual net profit in 2021.

The problem appeared for the first time episodically at the end of 2021. Because of this, organized criminal groups took advantage of the defect in the beginning of 2022. The people tried to make a lot of requests, which they expected to be rejected, and then they withdrew the recovered money through ATMs.

The bankruptcy affected the co-operative finances of Revolut, not the clients’ accounts.

Revolut’s systems failed to detect this type of fraud and the problem only came to light when a partner bank in the United States notified the fintex company that it had less cash on hand persons of expectation. This was followed by Revolut’s US subsidiary asking for a multi-million dollar cash injection from its parent company, which the company had set up to pani defeĸta. He was eliminated around the poll of 2022.

The DOA audit warned that Revolut’s events may have been „materially inaccurately reported“ because the company was not satisfied with the completeness of about two-thirds of the announcement. the events for 2021.

The company was previously valued externally at billions in July 2021.

At the beginning of this year, it became clear that the population of the Revolution in Budapest had reached 500,000. most clients of the financial application. This classification is headed by London, followed by Budapest, Dublin, Budapest, Budapest, Budapest, Madrid, Sofia, Belgrade and Barcelona.

According to the official data, the digital bank falls in the dust before the residents of five capitals located in Central and Eastern Europe (CEE), which have a population of almost 1.5 million and subjugated.

In 2015, Revolut started operations in the United States, where it began to provide money transfers and exchanges. Today, more than 25 million customers around the world use digital banking services and perform over 330 million transactions per month.