Revolut’s $20 Million Blunder: A Comedy of Errors

In an ironic twist of fate, fintech darling Revolut loses $20 million due to a payment system flaw. A discrepancy between U.S. and European systems led to refunds using the company’s own money, giving cyber criminals a payday.

Published: Added: July 9, 2023 at 5:00 pmAssembled by: J J
Pro Dashboard

Membership Required

 You must be a member to access this content.

View Membership Levels
Already a member? Log in here
The Nimble Nerd
powered by the NSA, er,  GDPR Cookie Compliance
Confessional Booth of Our Digital Sins

Okay, deep breath, let's get this over with. In the grand act of digital self-sabotage, we've littered this site with cookies. Yep, we did that. Why? So your highness can have a 'premium' experience or whatever. These traitorous cookies hide in your browser, eagerly waiting to welcome you back like a guilty dog that's just chewed your favorite shoe. And, if that's not enough, they also tattle on which parts of our sad little corner of the web you obsess over. Feels dirty, doesn't it?