In a climbdown, British currency exchange company Travelex paid nearly 300 BTCS after being hacked

BlockBeats reports that Travelex, a london-based British currency exchange company, confirmed the ransomware attack to the media shortly after it happened on January 11, according to Wall Street view. Several weeks after the system went offline, Travelex paid the attackers a ransom of about 285 BTC, valued at nearly $2.3 million, according to people familiar with the matter but not disclosed by the company. However, a company spokesman declined to comment further on the ransomware attack. & have spent

The attack, reportedly called Sodinokibi (or "REvil"), is a malware attack that began leaking stolen data from several companies, including CDH Investments and Travelex, earlier this year. Among them, Travelex was infected by ransomware and the hackers demanded the equivalent of bitcoin worth six figures.

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Event review:British money exchange firm Travelex hacked on New Year's eve and hackers demand six-figure ransom worth of bitcoin

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The original link: https://www.wsj.com/articles/travelex-paid-hackers-multimillion-dollar-ransom-before-hitting-new-obstacles-11586440800? Mod = tech_lead_pos2

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