Tue. Nov 24th, 2020

Travelex Currency Exchange Being Held for Ransom

Earlier this month, Travelex, a major international foreign currency exchange, confirmed that it was hit by a malware. Now, various news sites are reporting that hackers are holding the company ransom.


The malware attack occurred on December 31, and “as a precautionary measure in order to protect data” the London-based company took its systems offline.


According to BBC, a ransomware gang known as  Sodinokibi has claimed responsibility for the attack. Worse still, the attackers are currently holding the Travelex site hostage, seeking about $3 million, paid in bitcoin, for its release.


Although Travelex discovered the malware on New Year’s Eve, Sodinokibi, also known as REvil, claims to have accessed the company’s network six months ago.


The hackers also said they have 5GB of customer data in their possession, including social security numbers, birth dates, and credit card information, and have threatened to release the information if their demands are not met.


As of now, The London Metropolitan Police’s cyber crime team is investigating the attack.