Travelex being held to ransom by hackers

Hackers are holding foreign exchange company Travelex to ransom after a cyber-attack forced the firm to turn off all computer systems and resort to using pen and paper across its thousands of sites.

On New Year’s Eve, hackers launched their attack on the Travelex network.

As a result, the company took down its websites across 30 countries to contain “the virus and protect data”.

The hackers are demanding a ransom to give the firm access to its systems.

They have demanded payment in exchange for either restoration of IT systems or the preservation of customer data.

Read in for more details.

https://www.bbc.com/news/business-51017852

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