$972.8M lost this week $2.3B lost in 30 days $96.2B lost this year
A Google Cloud outage in its London data center caused disruptions for financial services including Revolut, Lloyds, and HSBC. The outage, caused by a power event, led to intermittent network failures and elevated errors, impacting services like payments, ATM withdrawals, and crypto trading for Revolut users.
Source: Protos (opens in a new tab)
Revolut experienced a data breach where a sophisticated phishing attack, impersonating a government agency, bypassed email security protocols (SPF, DKIM, DMARC) and tricked the company into handing over sensitive customer data, including identity documents and Bitcoin transaction histories. No customer funds were stolen, and Revolut has notified law enforcement and regulators.