Don’t bank on compensation from the Travelex cyberattack - News Summed Up

Don’t bank on compensation from the Travelex cyberattack


The hack has left Travelex unable to process orders or to provide its usual supplies of foreign exchange cash to various banks REUTERSTravelex customers should be aware of possible data breaches because of a ten-day cyberattack on the foreign exchange company. The ransomware attack has crippled all the company’s software systems and international websites since New Year’s Eve. On Thursday Finablr, the UK-listed group behind Travelex, said that it had detected a software virus called Sodinokibi. However, it added that there was no evidence that personal customer data had been stolen. Israel Barak, the chief information security officer at Cybereason, an international cybersecurity company based in Boston,…


Source: The Times January 11, 2020 00:00 UTC



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