10 Aug 2020

Travelex Forced into Administration After Ransomware Attack

Travelex, which operates over 1,000 ATMs and 1,000 stores globally, has been forced into administration and plans to eradicate 1,000 employee positions following a ransomware attack. Last week, PwC announced that it will join the currency exchange business as administrators. The company provides services for banks, supermarkets, and travel agencies

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13 Jan 2020

Air Travel Cyber-Attacks: New York Airport Hit, Travelex Exchange Held To Ransom

Travelex, a foreign exchange company, was hit by ransomware on New Year’s Eve and later received a hefty ransom request of $3 million. This ransom demand has since doubled to $6 million. If Travelex fails to comply with the ransom demands, sensitive data stolen from the company’s networks will be

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07 Jan 2020

Travelex faces ransom demands following NYE malware attack

Travelex services remain offline after they were hit by a malware attack on New Year’s Eve. The network was compromised after a group of unknown cybercriminals launched a ransomware attack, hoping to meet ransom requests. The currency exchange company stated that all of its services had been taken offline to

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