UK Company Paid $2.3M Ranson in Bitcoin to Cybercriminals

Cointelegraph

Published Apr 09, 2020 05:00PM ET

Updated Apr 09, 2020 06:40PM ET

London-based company, Travelex, reportedly paid hackers almost $2.3 million in Bitcoin (BTC) after suffering a ransomware attack on January 11.

According to sources quoted by The Wall Street Journal on April 9, the UK firm’s networks were infiltrated by cybercriminals with a ransomware injection in the new year eve of 2020. The company is known for its chain of foreign-exchange kiosks located in airports and tourist sites around the world.

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