Collaborate Disseminate
Travelex, the foreign currency exchange service whose services have been knocked offline since New Year’s eve by a cyber attack, is declining to say if it has paid a ransom to the criminals responsible.
Continue reading Travelex won’t say if it has paid a ransom to its attackers
Members of the public who have found themselves out-of-pocket or inconvenienced by the ongoing problems at Travelex after it suffered a ransomware attack on New Year’s Eve, are being warned to watch out for email and phone scammers taking advantage of … Continue reading Travelex warns customers of phone scam threat in wake of ransomware attack
Apparently the world’s largest foreign exchance service is making “good progress” following the attack which knocked out its systems two weeks ago.
Move along, nothing to see here.
Continue reading Travelex wants you to know that everything’s going really really well
The financial exchange Travelex said Monday it has restored some of its digital capabilities for foreign currency trades, nearly two weeks after a ransomware attack forced staff to rely on pens and paper. Travelex said its making “good progress” in its recovery from a security incident that, on Dec. 31, forced the company to suspend online services, including its app and internal email systems. Ransomware attackers used a malicious software strain called Sodinokibi, or REvil, reportedly to demand a fee of $6 million (£4.6 million) to release the affected data. Now, Travelex said, it is restoring internal processes and issuing refunds to customers “where appropriate,” according to Reuters. Hackers previously told the computer security blog Bleeping Computer they were in negotiations with Travelex about the ransom payment. Travelex did not respond to a request for comment from CyberScoop Monday. The company, a subsidiary of United Arab Emirates-based Finablr, operates 1,200 locations […]
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Continue reading Travelex says ransomware recovery is underway two weeks after global blackout
Travelex is still struggling to get back on its feet after it was infected with Sodinokibi ransomware on New Year’s Eve, but the foreign exchange firm says the hack compromised no customer data. Two weeks ago, Travelex learned it had fallen victi… Continue reading Travelex still down two weeks after Sodinokibi ransomware infection
On the last day of 2019, foreign exchange company Travelex was hit by cyber attackers wielding the Sodinokibi (aka REvil) ransomware. More than a week later, the company’s websites and online services are still offline despite the company’s… Continue reading Travelex extorted by ransomware gang, services still offline a week after the hit
For days Travelex’s website has said it was down for “planned maintenance”.
Now it finally admits that the company is struggling with a ransomware outbreak that has disrupted its online services.
Continue reading “Planned maintenance”? Travelex’s masterclass in how not to respond to cyberattack
A days-long ransomware attack against Travelex has forced the British currency exchange to suspend many of its online operations as the United Kingdom’s Metropolitan police investigate the incident. The company said on Dec. 31 it would suspend all of its online services, including its app and internal email systems, to mitigate a cyberattack it detected that day. Two days later, Travelex contacted the Metropolitan police, seeking help to resolve the situation. Normal operations hadn’t been restored, the BBC reported Tuesday, with hackers reportedly demanding a $6 million ransom (£4.6 million) to unlock the affected data. Travelex did not respond to a request for comment Tuesday. The firm’s website was still offline at press time, citing planned maintenance. “The company’s network of branches continues to provide foreign exchange services manually,” the firm said in a Jan. 2 tweet. Travelex, a subsidiary of United Arab Emirates-based Finablr, operates 1,200 locations in 70 […]
The post Sodinokibi ransomware plagues Travelex currency exchange as investigation continues: report appeared first on CyberScoop.
Researchers suspect the cybercriminals attacked using an unpatched critical vulnerability in the company’s seven Pulse Secure VPN servers. Continue reading Sodinokibi Ransomware Behind Travelex Fiasco: Report
The world’s largest foreign exchange bureau is still offline today, and the online currency services of other high street banks are disrupted.
Continue reading Travelex still offline after discovering malware on New Year’s Eve, and other banks’ currency services are also affected