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Invest Independently confirmed2 publishers 2 min read Published

Revolut will pay for new IDs after sending 680 customers' data to a hijacked Italian police email

Revolut will pay to replace identity documents for the 680 customers whose data it sent to a hijacked Italian government email address. The bank has not put a price on the pledge, and it disagrees with Italy's interior minister over whose check let the request through.

The Investor · Invest desk

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What happened

  • The requests came from an address on the Reggio Calabria police email system that had never been used before, Interior Minister Matteo Piantedosi told Italian lawmakers on September 30.
  • A group calling itself iamnotavillain publicly demanded about 6,000 Monero, roughly $3 million, according to Crowdfund Insider.
  • Reports cited by Crowdfund Insider say no money was stolen, and that what left the bank was identity documents and personal information.
  • Of the 680 affected customers, 55 are in France, Revolut's Western Europe chief Béatrice Cossa-Dumurgier told broadcaster BFM TV.

Why it matters

  • Who's exposed exposure Banks must hand customer data to authorities on request, so whoever controls a genuine government mailbox can reach customer files without breaching a bank's systems at all.
  • What doesn't add up contradiction Revolut earlier said it had received no ransom demand, yet Crowdfund Insider reports a public one, so it is unclear whether the group ever approached the bank directly.
  • What it sets up precedent By promising to pay for new identity documents in a leak where no money was stolen, Revolut has set the remedy its customers can expect if identity data leaks from it again.

Banks are required to send customer data to authorities when asked as part of criminal investigations [11]. The attacker used that duty. Cossa-Dumurgier said Revolut's own systems had not been compromised [7]. That can be true while the data still left the bank. It went out in reply to what Revolut treated as legitimate official requests [2], sent from a police address that hackers had taken control of [12][8].

Piantedosi puts the failure on Revolut. He told lawmakers the bank could have and should have verified the request with minimal due diligence [13]. Cossa-Dumurgier said government agencies are sometimes the "weak link" in the system [7]. Both statements fit the record: the police lost control of a mailbox, and Revolut sent 680 customers' data to an address with no history of use [2][12].

Spread across those 680 customers, the roughly $3 million the group demanded [3] comes to about $4,400 a record [17], the price the group put on each one, or rather the price it asked for in public. Revolut says it will not pay ransoms [4]. "If they ever have to change their ID documents, we're taking care of the associated costs," Cossa-Dumurgier said [6]. She did not say whether any customer had yet changed a document or what the pledge could cost [9].

Revolut said it passed 70 million customers in January [16], so the 680 are roughly one customer in every 103,000 [18]. If none of them replaces a passport, the pledge costs nothing. If the records are published or sold, replacement stops being a choice for some of them and the pledge becomes a real expense. If Piantedosi's account stands, the lasting cost is a change to how Revolut vets official requests, starting with whether an address has ever been used before.

I think the third outcome is where the money goes. The pledge is limited to 680 people, while the request channel stays open to anyone who takes over a government mailbox. The view is wrong if the records turn up in fraud against those customers; then the replacements become the larger bill. Revolut is not arguing the point in public, and a spokesperson declined to comment on the minister's remarks [14].

The evidence covers one bank and one Italian police mailbox. Revolut is the only firm in it to have offered to pay for new identity documents [1].

What to watch

  • Whether Revolut discloses how many of the 680 customers have replaced passports or similar documents, and what it has paid for them.
  • Whether the group that demanded 6,000 Monero publishes or sells the 680 customers' records.
  • Whether Revolut answers Piantedosi's due-diligence charge or changes how it verifies official data requests.

Information, not investment advice. This story is general information about companies and markets, drawn from cited reporting. It is not a recommendation to buy, sell or hold any security; check the cited sources before acting.

Clarity's read

What the record supports and how the coverage leans. The claims behind it follow.

Reality

Evidence62
Adoption
Not scored
Hype gap+12
Incentives70
Confidence60
Why these scores

Claim ledger

Ranked by verification strength, evidence, and original report placement.

  1. [1]

    Béatrice Cossa-Dumurgier, Revolut's chief executive for Western Europe, told French broadcaster BFM TV that the company will cover the cost of replacing identity documents for affected customers.

    Reported Supported Source: Crowdfund Insider, citing BFM TVView cited source
  2. [2]

    In September, someone controlling an email address on an Italian government domain sent Revolut requests for customer information; Revolut treated them as legitimate official requests and sent data on 680 customers to an illicit user.

    Reported Supported Source: Crowdfund Insider, citing reportsView cited source
  3. [3]

    A group calling itself "iamnotavillain" publicly demanded about 6,000 Monero, approximately $3 million.

    Reported Supported Source: Crowdfund InsiderView cited source
  4. [4]

    Cossa-Dumurgier told BFM TV the company would not pay ransoms to hackers, when asked if it had paid one.

    Reported Supported Source: CNAView cited source
  5. [5]

    Revolut previously said it had not received a ransom demand.

    Reported Supported Source: CNAView cited source
  6. [6]

    "If they ever have to change their ID documents, we're taking care of the associated costs"

    Reported Supported Source: Béatrice Cossa-Dumurgier, quoted by CNAView cited source
  7. [7]

    Cossa-Dumurgier said government agencies are sometimes the "weak link" in the system and that Revolut's own systems had not been compromised.

    Reported Supported Source: CNAView cited source
  8. [8]

    Revolut said it had sent the customers' personal data to hackers who had taken control of an Italian government agency email address.

    Reported Supported Source: CNAView cited source
  9. [9]

    Cossa-Dumurgier did not specify whether any customer had yet changed ID documents or how much the commitment could cost the company.

    Reported Supported Source: CNAView cited source
  10. [10]

    Cossa-Dumurgier said Revolut had provided assistance for the 680 affected clients, 55 of whom are in France.

    Reported Supported Source: CNAView cited source
  11. [11]

    Financial institutions are required to send customer data to authorities when asked to do so as part of investigations into potential crimes.

    Reported Supported Source: CNAView cited source
  12. [12]

    Italian Interior Minister Matteo Piantedosi told lawmakers on September 30 that the email address to which Revolut sent customer data came from the Reggio Calabria police's email system but had never been used before.

    Reported Supported Source: CNA, reporting Piantedosi's remarksView cited source
  13. [13]

    Piantedosi said Revolut could have and should have verified the request by doing minimal due diligence.

    Reported Supported Source: CNA, reporting Piantedosi's remarksView cited source
  14. [14]

    A Revolut spokesperson declined to comment on the interior minister's remarks.

    Reported Supported Source: CNAView cited source
  15. [15]

    Reports indicate that, beyond identity documents and information, no funds have been stolen.

    Reported Supported Source: Crowdfund Insider, citing reportsView cited source
  16. [16]

    Revolut had 68.3 million retail customers and 767,000 business customers at the end of 2025, and said it passed 70 million customers in January 2026.

    Reported Supported Source: Crowdfund InsiderView cited source
  17. [17]

    The roughly $3 million ransom demand works out to about $4,400 per affected customer.

    Derived Supported
  18. [18]

    The 680 affected customers are roughly one in every 103,000 of Revolut's more than 70 million customers.

    Derived Supported

Sources

2 independent publishers whose own reporting we read for this story.

  1. channelnewsasia.com

    1 article · October 7, 2026

    Revolut will cover costs for customers hit by data hack, Western Europe CEO says
  2. crowdfundinsider.com

    1 article · October 8, 2026

    Following Revolut’s Data Breach, the Digital Bank is Expected to Pay to Replace Identity Documents

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