ransomware

Travelex Checking Employees’ Computers For Signs Of Ransomware
Travelex Checking Employees’ Computers For Signs Of Ransomware
January 11, 2020  |  Security & Fraud

Some employees of Travelex, a company that was recently hit with a ransomware attack, were forced to hand over their laptops to technicians to see...

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The Troubling Ripple Effects Of The Travelex FX Hack
The Troubling Ripple Effects Of The Travelex FX Hack
January 10, 2020  |  Security & Fraud

It might make sense that as commerce goes ever global, and as banks do an increasing volume of business cross-border, that the hackers and fraudsters...

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Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
January 09, 2020  |  Security & Fraud

A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. A...

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Travelex Attack Forces UK Banks To Halt Foreign Currency Service
Travelex Attack Forces UK Banks To Halt Foreign Currency Service
January 09, 2020  |  Security & Fraud

Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop foreign currency services after exchange provider Travelex was hit by a...

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Travelex Foresees No Financial Impact From Ransomware Attack
Travelex Foresees No Financial Impact From Ransomware Attack
January 08, 2020  |  Security & Fraud

Travelex, a foreign exchange and payments company, was thrown into chaos around New Year’s after a ransomware attack locked up its systems, forcing employees to...

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Holiday Season Brings Corporate Payments Fraud Spike
Holiday Season Brings Corporate Payments Fraud Spike
December 16, 2019  |  B2B Payments

’Tis the season for corporate fraud? The holidays are unfortunately one of the busiest times of the year for fraudsters looking to capitalize on the...

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New Orleans City Services Hit With Cyberattacks
New Orleans City Services Hit With Cyberattacks
December 13, 2019  |  Security & Fraud

Louisiana’s biggest city, New Orleans, home to one of the country’s biggest ports, has been hit with a series of cyberattacks that have been spreading...

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Blank Checks And PO Manipulation Cost Businesses Millions
Blank Checks And PO Manipulation Cost Businesses Millions
November 04, 2019  |  B2B Payments

This week, three new cases of accused internal fraud emerged, showcasing the variety of ways employees can steal company cash. Invoice and purchase order manipulation,...

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Johannesburg City Council Hit With Ransomware Attack
Johannesburg City Council Hit With Ransomware Attack
October 25, 2019  |  Security & Fraud

The city council of Johannesburg, the largest city in South Africa, was hit with a ransomware attack on Friday (Oct. 25) that affected its website,...

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