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Report: Travelex paid hackers 285 BTC, worth around $2.3M, to regain access to its systems after a ransomware attack on New Year's Eve

Travelex paid hackers $2.3 million worth of Bitcoin to regain access to its computer systems after a devastating ransomware attack on New Year's Eve, reports the Wall Street Journal. Source: Wall Street Journal .

The Next Web David Canellis

Discussion

  • @spignal Stanley Pignal on x
    Travelex paid $2.3m to hackers to get it's IT systems back up and running, which is roughly how much it charges customers to change £100 into $ at Heathrow. https://twitter.com/...
  • @wsjmarkets @wsjmarkets on x
    U.K. foreign-exchange company paid about $2.3 million in bitcoin to cybercriminals months before its business began unraveling https://www.wsj.com/...
  • @elizabethrkoh Elizabeth Koh on x
    You won't want to miss anything in this @wsj scoop but esp. this: “The Journal reached the ostensible hackers by replicating what a cybersecurity consultant believes to be the virus used to attack Travelex. That opened up a chat portal meant to serve as a hotline to the hackers.”…
  • @gossithedog Kevin Beaumont on x
    Wall Street Journal reports Travelex secretly paid ransomware group REvil $2.3m. REvil say they deleted data they had stolen from Travelex in exchange for the payment. Really strange considering Travelex said they had the NCA on site and ICO involved.. https://www.wsj.com/...
  • @zackwhittaker Zack Whittaker on x
    Travelex “responded by paying the hackers the equivalent of $2.3 million, according to a person familiar with the transaction.” https://www.wsj.com/...