The recent high-profile ransomware attack on foreign currency exchange specialist Travelex highlights the devastating results of a targeted cyber-attack. In the weeks following the initial attack, Travelex struggled to bring its customer-facing systems back online. Worse still, despite Travelex’s assurances that no customer data had been compromised, hackers were demanding $6 million for 5GB of sensitive customer information they claim to have downloaded. Providing services to some of the world’s largest banking corporations including HSBC, … More
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