Travelex ransomware attack hints at future systemic failure

Credit: iStock/Roman Tiraspolsky

The recent cyberattack on Travelex that has taken down currency services is a sign of things to come as ransomware steps up a pace and threatens systemic failure, according to cyber risk analytics firm CyberCube. As Travelex works to recover its systems following the cyberattack that was detected on 31 December, CyberCube said ransomware attacks are increasing each year and…

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