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03 January 2020 08:48

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cyberattack

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cyberattack

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cyberattack

Select 'OK' to allow Verizon Media and our partners to use your data, or 'Manage options' to review our partners and your choices. Tip: Sign In to save these choices and avoid repeating this across devices. You can always update your preferences in the Privacy Centre. Travelex, a major international currency exchange, has confirmed that it suspended some services after being attacked by malware on December 31. The London-based company, which operates more than 1,500 stores worldwide, said it disconnected the systems "as a precaution to protect data" and to stop the spread of malware.

Your website in the UK is currently offline, displaying a "server error" page. His corporate site said the site was disconnected while performing "updates." a tweet, Travelex said the staff "cannot perform transactions on the website or through the application." It is said that some stores manually process customer requests. Other companies, such as Tesco Bank, which rely on Travelex for some services, have he also fought during the blackout The company said no customer data has been compromised "to date", but did not give details or provide evidence for the claim. It is also unclear why the company took two days to reveal the security incident. The company declined to identify the type of malware used in the attack, citing an ongoing forensic investigation. In the last year, several high-profile companies have been increasingly subject to ransomware, a data encryption malware, which only decrypts the data once a ransom has been paid. Aluminum manufacturing giant Norsk Hydro and the United Kingdom Police Federation were affected in March, then Arizona Beverages and Aebi Schmidt in April, and the Pitney Bowes shipping company in October. Several local and state governments have also been attacked by ransomware. New Orleans declared a state of emergency last month after its systems were affected by ransomware. A Travelex spokesperson would not comment beyond the statement.

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