Morning Edition · Sunday, September 13, 2026Published at 1:57 AM EDT · New York
No customer funds were taken, and no system was breached, because the bank processed the fraudulent request through its normal legal channel.

Revolut disclosed that it released customer records to an attacker who impersonated a government agency and submitted what looked like a legitimate legal request. The disclosed material included passports, verification selfies, home address…
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Compliance Data Becomes the Attack Surface
Mandated identity collection keeps concentrating name-to-address links inside brokers and their banking partners, so each breach permanently deanonymizes holders and sustains a pipeline of phishing and physical attacks, pushing users toward privacy tooling and custodial products.
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