Ransomware attacks became both more frequent and more brutal in 2019, according to a new report by speciality insurer Beazley. Beazley said its Breach Response Services unit saw a 131 percent increase in ransomware incidents last year. What’s more, a …
Travelex’s UK international money transfer service and wire offering is fully operational again, it said on Tuesday, almost a month after a crippling ransomware attack forced staff to use pen and paper to calculate foreign currency exchanges. The cyber attack …
As ransomware attacks go, the cyber intrusion at Travelex that emerged on New Year’s Eve could have lasting consequences — and ones that shouldn’t be just a worry to the currency dealer. Travelex, known mostly for its airport shops and …
Travelex is restoring operations to process foreign exchange orders electronically, it said on Monday, almost two weeks aftercyber hackers took hold of its systems, leading to a global blackout of its online services. Staff at Travelex were forced to use …
LONDON — Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems to ransom, leading to a global blackout on its online currency exchange …