Hackers demand Revolut pay $3mn ransom after data breach

In a troubling cybersecurity incident, Revolut, a UK fintech firm, is facing demands from a group calling itself iamnotavillain to pay a $3 million ransom within 24 hours or risk having customers' confidential records sold to other criminals. This breach highlights the escalating threat of cyberattacks on financial institutions and raises concerns about data security and the potential repercussions for customer trust. As the situation unfolds, it underscores the urgent need for robust cybersecurity measures and the importance of swift, effective responses to such incidents.