Security News > 2020 > January > Travelex Says Financially Unaffected by Hacking
Travelex, the British-based foreign currency company, will not suffer any financial impact from a cyber attack on New Year's Eve, its parent group said Wednesday.
Travelex, which detected a software virus on December 31 that compromised some services, stopped the virus spreading, it said in a statement.
Travelex had been forced to take its global websites offline on New Year's Eve - with criminals reportedly seeking a ransom of $3.0 million according to British press reports.
"Travelex has been successful in containing the spread of the ransomware," it said, adding that the virus was also known as Sodinokibi and REvil.
The share price of Travelex parent Finablr Group tanked by more than 17 percent to stand at £1.29 in early afternoon deals on the London stock market.