UAE-based fintech Finablr attacked by ransomware virus

On Wednesday, Finablr Plc stated, its foreign exchange firm Travelex was forced to go offline due to a ransomware attack by a virus known as Sodinokibi.

Travelex had contained the spread of the ransomware, which is also known as Revil, said UAE-based payment solutions Finablr while adding that it currently does not anticipate any material financial impact for the group.

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