Travelex News

Forex Firm Travelex Resumes Customer-Facing Operations After Ransomware Attack

More than two weeks after a crippling ransomware attack forced Travelex staff to use pen and paper to calculate foreign currency exchanges, the company said the first of its customer-facing systems in Britain was up and running again. The cyber …

Forex Firm Travelex Restores Some Online Services After Ransomware Attack

Travelex is restoring operations to process foreign exchange orders electronically, it said on Monday, almost two weeks after cyber hackers took hold of its systems, leading to a global blackout of its online services. Staff at Travelex were forced to …

Travelex Ransomware Attack Part of Growing Trend in Cyber Crime: CyberCube

The ransomware attack against U.K. foreign exchange firm Travelex is just a taste of what’s to come with cyber crime, according to experts at CyberCube, the cyber risk analytics firm. Travelex announced this week that cyber hackers were holding its …

Update: U.K.-Based Foreign Exchange Firm, Travelex, Crippled by Ransomware Attack

Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems to ransom, leading to a global blackout on its online currency exchange services. The …

Arch Expands Travel Insurance Sales Team with 3 from Travelex

Arch Insurance announced additions to its travel insurance sales team. Cory Sobczyk and Dan Povondra have joined Arch Insurance as vice presidents of Business Development. Additionally, Lynn Barty has joined as regional sales director. The newcomers, who bring a combined …