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FinTech news in Okta category

Confirmed: Revolut exposed personal data due to a cyberattack

However, according to Revolut breach disclosure to the authorities in Lithuania, first spotted by Bleeping Computer, the company says 50,150 customers are impacted by the breach, including 20,687 customers in the European Economic Area and 379 Lithuanian citizens. Fintech startup Revolut has confirmed it was hit by a highly targeted cyberattack that allowed hackers to access the personal details of tens of thousands of customers. However, the breach disclosure states that hackers likely accessed partial card payment data, along with customers’ names, addresses, email addresses, and phone numbers. But Revolut warned that the breach appears to have triggered a phishing campaign, and urged customers to be careful when receiving any communication regarding the breach.

GGV says API-first startups are here to stay, especially FinTech ones

GGV’s index leaves exited companies aside and ranks the 50 API-led private companies that have raised the most funding.