# Finablr Provide statement regarding Travelex update on cyber incident

- Link: https://www.directorstalkinterviews.com/finablr-provide-statement-regarding-travelex-update-on-cyber-incident/412802104
- Published: 2020-01-08T07:16:15+00:00
- Author: Giles Arbor

Further to the announcement on 2 January in relation to a cyber incident at Travelex,**
Finablr plc** (LON: FIN) has today provided a further update on the status of the
investigation and remediation measures taken.

Travelex Ltd provided an update on 7 January 2020 confirming that the software virus
detected on 31st December 2019 is a ransomware known as Sodinokibi, also known as
REvil. Travelex been successful in containing the spread of the ransomware. Travelex
has also confirmed that whilst there has been some data encryption, there is no 
evidence that structured personal customer data has been encrypted, and that there
is still no evidence that any data has been exfiltrated. Travelex is gradually restoring
a number of internal systems and is working to resume normal operations as quickly
as possible.

Finablr’s other six brands are not affected and are operating normally. Finablr 
plc does not currently anticipate any material financial impact for the Group, continues
to monitor the situation closely and will update the market as required.

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