In plain words
Imagine you have a mailbox where you receive important letters, but someone has your address and is sending you fake letters to trick you into giving them your secrets. This is similar to what is happening with phishing texts.
What's broken
The phishing texts are trying to trick Revolut customers into giving away their sensitive information, and this is happening after the bank had a data breach where customer data was disclosed to someone pretending to be a government official.
How it actually works
Here's how it works: first, there was a data breach at Revolut, which means someone got access to customer information¹. Then, the attackers used this information to send phishing texts to the customers, trying to trick them into revealing more sensitive information, like passwords or credit card numbers. The attackers are pretending to be Revolut in these texts, which is a common technique called spoofing².
Proof of concept
It is not clear from the source if there is a public proof-of-concept for this specific phishing campaign, but the fact that phishing texts are being sent out shows that the attackers are actively trying to exploit the leaked data.
Is it real
It seems like the phishing campaign is actively happening, targeting Revolut customers, but it is not clear how widespread it is or how long it has been going on. The data breach at Revolut and the following phishing campaign show that the attackers are moving quickly to exploit the leaked information.
What to do
To protect themselves, Revolut customers should be cautious of any texts that ask for sensitive information and verify the identity of the sender before responding. Revolut should also take steps to secure the leaked customer data and prevent further phishing attacks.
Terms
- ¹ customer data
- , customer information, such as names, addresses, and phone numbers, that was accessed without authorization
- ² spoofing
- , a technique used by attackers to disguise themselves as a trusted entity, like a bank, to trick victims into revealing sensitive information