Travelex sidelines online financial services following malware discovery

Travelex sidelines online financial services following malware discovery

Foreign exchange financials company Travelex has suspended its UK-based digital services offline since New Year’s Eve, following the discovery of an undisclosed malware program.


As of Jan. 3 at 11:30 a.m. ET, the London-based company remains unable to conduct monetary transactions via its website or app. Services are still being conducted manually, however.


“We have deployed teams of IT specialists and external cybersecurity experts who have been working continuously since New Year’s Eve to isolate the virus and restore affected systems,” reads a company statement on Twitter. “We are doing all we can to restore our full services as soon as possible.”


Travelex has not specified if the malware is a variant of ransomware or some other breed of threat. However, the company says is has not seen any evidence suggesting that customer data was compromised.


Multiple Twitter users who appear to be Travelex customers have replied to the company’s disclosure, complaining that they are unable to obtain money while traveling. In addition to currency exchange, the company’s services include international payments and pre ..

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