Security News > 2020 > January > Currency Exchange Travelex Held Hostage by Ransomware Attack
A ransomware attack has held London-based foreign currency exchange firm Travelex hostage since at least New Year's Day, the company confirmed Tuesday after more than a week of vague updates.
Travelex is a London-based foreign exchange firm that has over 1,000 stores and 1,000 ATMs in major transit points across 26 countries.
After nearly a week of vague customer updates, Travelex finally admitted Tuesday that it had been hacked by the ransomware gang.
Over the last seven days, Travelex's response to the ransomware attack has been criticized by security professionals due to the company's lack of clear messaging to customers whose data may have been affected.
If the BBC report is accurate, the Sodinokibi ransomware gang penetrated the network several months before the patch was applied to the servers that Travelex uses.
News URL
https://www.inforisktoday.com/currency-exchange-travelex-held-hostage-by-ransomware-attack-a-13588
Related news
- US indicts 8Base ransomware operators for Phobos encryption attacks (source)
- RA World Ransomware Attack in South Asia Links to Chinese Espionage Toolset (source)
- Chinese espionage tools deployed in RA World ransomware attack (source)
- Lee Enterprises newspaper disruptions caused by ransomware attack (source)
- Southern Water says Black Basta ransomware attack cost £4.5M in expenses (source)
- Qilin ransomware claims attack at Lee Enterprises, leaks stolen data (source)
- Ransomware gangs exploit Paragon Partition Manager bug in BYOVD attacks (source)
- Hackers Exploit Paragon Partition Manager Driver Vulnerability in Ransomware Attacks (source)
- Hunters International ransomware claims attack on Tata Technologies (source)
- Toronto Zoo shares update on last year's ransomware attack (source)