Ransom news and trends

Report: Caesars Entertainment Paid $15 Million Ransom After Cyberattack
Security & Fraud // September 13, 2023

Caesars Entertainment, the operator of Caesars Palace in Las Vegas, reportedly fell victim to a cyberattack during the summer and paid a ransom of approximately $15 million to the hackers. The company is expected to disclose this cyberattack in a Securities and Exchange Commission (SEC)...

Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers
Security & Fraud // July 31, 2020

Corporate travel manager CWT paid $4.5 million worth of bitcoin in ransom this week to hackers who said they seized control of 30,000 company computers and two terabytes of data, Reuters reported on Friday (July 31). The news service said it learned details of the...

Travelex Founder Buys London Office Space, Expressing Optimism In Market
Real Estate // July 12, 2020

Travelex founder Lloyd Dorfman, in a show of confidence in the U.K. capital’s office market, has bought an office in London, Bloomberg reports. Dorfman spent 40 million pounds, or $50 million, and purchased space near Soho Place, an office block and theater near the Tottenham...

Travelex Reportedly Paid $2.3M Ransom To Hackers
Security & Fraud // April 09, 2020

Travelex, the foreign exchange company that was crippled by hackers on New Year’s Eve, reportedly paid a $2.3 million ransom to get their systems back online, The Wall Street Journal reported. Sodinokibi, the alleged perpetrators of the cyberattack, claimed responsibility for the breach. The cybercriminals...

Interviews & Exclusives
2024 Is Already the Year of the Cyberattack

July 04, 2024
It’s the summer of steals, not the summer of deals, for businesses suffering cyber breaches. That’s because, as the world goes digital, fraudsters are constantly probing modern, multifaceted attack surfaces for vulnerabilities. But with the news Tuesday (July 2) that auto dealership software provider CDK Global has “substantially all” of its car dealership customers back […]

Quick Reads
Report: Caesars Entertainment Paid $15 Million Ransom After Cyberattack

September 13, 2023
Caesars Entertainment, the operator of Caesars Palace in Las Vegas, reportedly fell victim to a cyberattack during the summer and paid a ransom of approximately $15 million to the hackers. The company is expected to disclose this cyberattack in a Securities and Exchange Commission (SEC) filing, the Wall Street Journal (WSJ) reported Wednesday (Sept. 13), citing unnamed […]

Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers

July 31, 2020
Corporate travel manager CWT paid $4.5 million worth of bitcoin in ransom this week to hackers who said they seized control of 30,000 company computers and two terabytes of data,...

Travelex Founder Buys London Office Space, Expressing Optimism In Market

July 12, 2020
Travelex founder Lloyd Dorfman, in a show of confidence in the U.K. capital’s office market, has bought an office in London, Bloomberg reports. Dorfman spent 40 million pounds, or $50...

Travelex Reportedly Paid $2.3M Ransom To Hackers

April 09, 2020
Travelex, the foreign exchange company that was crippled by hackers on New Year’s Eve, reportedly paid a $2.3 million ransom to get their systems back online, The Wall Street Journal...