Travelex Boss Breaks Silence 17 Days After Cyber Attack

Travelex Boss Breaks Silence 17 Days After Cyber Attack
20.01.2020 07:27 am

Travelex Boss Breaks Silence 17 Days After Cyber Attack

Cybersecurity

The boss of Travelex has broken his silence about a cyber attack that forced its staff to use pen and paper and halted travel money sales at some banks and supermarkets.

The firm has released a number of short statements since cyber criminals held the firm to ransom on 31 December.

But in a video message on the firm's website, boss Tony D'Souza said the IT system used by in-store staff was working again.

However, while he said the system used by staff is now working, there was no word on when the firm's main UK website would be returned to service.

That means customers are still unable to order currency online, either from Travelex itself or through the network of banks that use its services, including Barclays, Lloyds, RBS, and the finance websites of Sainsbury's and Tesco.

Travelex had said little publicly since hackers held its systems to ransom by encrypting its digital files, reportedly demanding $6m (£4.6m) to unlock that data.

But Mr D'Souza said it was "not appropriate" to discuss details of the attack, adding that an investigation was ongoing. "To date, there is no evidence that any data has left the organisation," he said.

But the hackers, a gang called Sodinokibi, have told the BBC they gained access to the company's computer network six months ago and claim to have downloaded 5GB of sensitive customer data.

Dates of birth, credit card information and national insurance numbers are all in their possession, they said.

Travelex said it is working closely with the Metropolitan Police, which is leading the investigation into the attack.

Mr D'Souza said the the disruption had been "uncomfortable" for Travelex's partners and he apologised to customers for the "inconvenience".

He said the firm had been able to honour "the majority" of online orders placed by customers before 31 December, adding that only a "relatively small proportion" of its end customers used its website to order currency.

"One of the interesting things about our retail business is just how much of it might be described as walk-in," he said. However, he said: "I'm not trying to diminish the disruption that some of our customers had faced."

Mr D'Souza said Travelex had a "clear strategy" to restore the rest of its services. "We have made good progress in our recovery and I'm pleased to say our first customer-facing systems are now successfully live," he said.

 

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