Sodinokibi News

Beazley: Ransomware Attacks Increasingly Paired With Data Breach

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 Says UK Money Transfer and Wire Services Back Online After Hack

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 …

Viewpoint: Attack on Travelex Has Alarming Implications

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 Restoring Some Electronic Services After Cyber Attack

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 …

Travelex Staff Go Back to Basics as Ransomware Cripples Systems

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 …