ransomware

The Risky Business Of SMBs’ Crypto Adoption
The Risky Business Of SMBs’ Crypto Adoption
January 23, 2020  |  B2B Payments

Cryptocurrency went from dark-web danger to high-tech investment opportunity seemingly overnight, and, as more consumers seek to use digital currency, more businesses are stepping into...

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New Orleans Hack Causes Vendor Payment Delays
New Orleans Hack Causes Vendor Payment Delays
January 19, 2020  |  B2B Payments

The computer system at New Orleans City Hall is still on the fritz following a cyberattack on Dec. 13 that has stalled vendor payments. It...

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Travelex Systems Back Online; Customers Receive Refunds
Travelex Systems Back Online; Customers Receive Refunds
January 13, 2020  |  Security & Fraud

Foreign exchange company Travelex is back online with some of its electronic services after its system was brought down by hackers nearly two weeks ago, Reuters...

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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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