The sad parade of corporations falling victim to cyber-attack has grown by one, as Travelex, a globally known financial services company specializing in cash and pre-paid cards for travelers in 26 countries, 1,000 ATM’s and with 1,000 stores, closes its Canada and USA-based doors.
The Travelex website hosts a posted notice explaining, “Due to the impact of the COVID-19 global pandemic, Travelex has made the difficult decision to close our online and retail operations and cease trading in the United States and Canada….We also thank our Travelex colleagues for their unwavering commitment and service.” Over 1000 jobs have been lost, although joint administrator, Toby Banfield reminds us that “

Listen To This Post



Dont Miss Our Newest Article by Subscribing to Sangfor

Related Articles

Cyber Security

Parrot TDS Infects Thousands of Websites for Targeted Malware Distribution

Date : 12 May 2022
Read Now

Cyber Security

What Is A DDOS Attack | How Does It Work | Sangfor Glossary

Date : 05 May 2022
Read Now

Cyber Security

What Is DLP (Data Loss Prevention) | Sangfor Glossary

Date : 05 May 2022
Read Now

See Other Product

Cyber Command - NDR Platform
Endpoint Secure
Internet Access Gateway (IAG)
NGAF - Next Generation Firewall (NGFW)
SASE Access
icon notification