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Tag: attack

IT Services & IT Solutions Mississauga & Toronto

travelex sodinokibi ransomware attack foreign exchange company

Travelex falls victim to “Sodinokibi” Ransomware

The list of ransomware victims continues to grow. On New Year’s Eve 2020, Travelex, an international foreign exchange company, disclosed that it was struck by the “Sodinokibi” ransomware strain. Also known as REvil, Sodinokibi ransomware prevents users from accessing their computer data by encrypting it behind a ransomwall. The ransom demand for Travelex was $6M…
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Network Separation: Is it an Impenetrable Security Measure?

A major malware attack against Singapore’s Health Service sector has motivated the Singaporean Government to adopt a new strategy for protecting these systems from future cyber threats. The security measure that will be employed is called “Network Separation”, and involves completely disconnecting computers from the internet.   The Cyberattack on SingHealth SingHealth, short for Singapore…
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