🔴A former Revolut employee has reportedly attempted to extort customers by threatening to leak their personal KYC data unless a ransom was paid. The extortion attempt appears to have been targeted at a pseudonymous X account with over 650,000 followers. Revolut has reportedly stated that no systems have been breached, and that the case is under investigation. The case highlights yet another risk of identity verification beyond security breaches and leaks, in which internal rogue actors obtain access to individual's sensitive information. As KYC laws are set to be expanded beyond the financial realm to ID social media users, the extortion of high-value pseudonymous individuals will likely grow into a lucrative business for criminals.