Peterborough's Travelex at the centre of police probe over cyber hackers' ransom demand

Foreign exchange giant Travelex, which employs hundreds of staff in Peterborough, is reportedly being held to ransom by cyber hackers.
Travelex, in Worldwide House, Peterborough.Travelex, in Worldwide House, Peterborough.
Travelex, in Worldwide House, Peterborough.

The hackers struck on New Year's Eve forcing the firm, which has about 400 staff based in Worldwide House, in Thorpe Wood, to take down all its global websites.

Officers from the Metropolitan Police are leading the investigation into the attack.

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It is understood criminals are demanding cash - thought to be about 3 million US dollars (£2.3 million) - from Travelex to give the firm access to its computer systems after they attacked the sites with the infamous Sodinokibi ransomware.

They are reportedly threatening to release 5GB of customers' personal data - including social security numbers, dates of birth and payment card information - into the public domain unless the company pays up.

Travelex sites have now been offline for a week, with the firm forced to provide foreign exchange services manually in its branches.

The group's sites carry a message to visitors that online services are down due to "planned maintenance".

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"The system will be back online shortly," according to the message.

Travelex first revealed the New Year's Eve attack on January 2, when it sought to assure that no customer data had yet been compromised as a result of the breach.

It has drafted in teams of IT specialists and external cyber security experts in an attempt to isolate the virus and get affected systems back online, but has so far been unable to gain access and overthrow the hackers.

But it has also reportedly emerged that Travelex was recently warned over vulnerabilities in its virtual private networking (VPN) servers.

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It comes at a crucial time for the group, with its services in high demand last week over the Christmas holidays.

The attack has also had a knock-on effect on online travel money services for its partners, such as Tesco Bank, Sainsbury's Bank, Virgin Money and First Direct.

London-headquartered Travelex has a presence in more than 70 countries and more than 1,200 branches and 1,000 ATMs worldwide.

It processes more than 5,000 currency transactions every hour.

The group - founded in 1976 - is owned by global payments platform Finablr, which is listed on the London stock exchange but based in the United Arab Emirates.

Travelex declined to comment.

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