Cyber gangsters demand payment from Travelex after ‘Sodinokibi’ attack


Foreign exchange company Travelex is facing demands for payment to decrypt critical computer files after it was hit by one of the most sophisticated ransomware attacks, known as Sodinokibi, which disabled its IT systems on New Year’s Eve.

The company, which has operations in 27 countries, has faced days of disruption after criminal hackers penetrated its computer networks and delivered a devastating attack timed to hit the company when many of its staff were on holiday.

According to security specialists, criminals are expected to demand a six-figure sum to supply Travelex with decryption tools that will allow it to recover the contents of files across its computer network that have been encrypted by the virus.

Travelex, owned by the Abu Dhabi financial services group, Finabir, has fallen victim to one of the most sophisticated cyber extortion rackets. Sodinokibi, also known as REvil, appeared in April 2019, offering criminal gangs the opportunity to rent the ransomware and customise it to target their own victims in return for a cut of the profits. Some criminal groups have links to Syria and Iran, according to research by McAfee.

Hackers demand decryption ransom

The disclosure comes amid new evidence that Travelex took eight months to patch computer servers containing a critical security vulnerability after the problem was first disclosed by security researchers, leaving its networks vulnerable to attacks from cyber criminals.

The malware struck Travelex in the early hours of 31 December 2019, when it encrypted critical business files and left readme documents on infected computers.

The readme files instructed Travelex to pay a ransom in bitcoin through a website with a top-level domain registered in China in March 2019.

“It is just business. We absolutely do not care about you or your details, except getting benefits. If we do not do our work and liabilities – nobody will not co-operate with us. It is not in our interests,” the readme file read.

“If you do not co-operate with our service – for us it does not matter. But you will lose your time and your data, cause just we have the private key. In practice time is much more valuable than money.”

The hackers instructed Travelex staff to visit a website – which appears to be hosted in a datacentre in Colorado, US – using the Tor secure browser, which prompts users to enter a long pass key that will unlock instructions on how to pay a ransom to release decryption tools.

The attack resulted in the Travelex websites in at least 20 countries becoming inaccessible and left its outlets in airports and other retail sites without access to the internet or email or Travelex’s IT systems, as the company shut down systems to prevent the spread of the virus.

People familiar with the attack told Computer Weekly that computers containing confidential information, including names of clients and bank account and transaction details, had been infected by Sodinikibi, which adds a random character string to the end of each encrypted file.

The attack has also disrupted banks, including Sainsbury’s Bank, Barclays, HSBC, Virgin Money, First Direct and Asda Money, along with others that rely on Travelex to provide their foreign exchange services.

Travelex staff have been forced to record transactions manually, and are unable to take card payments for foreign currency or deliver pre-ordered currency to travellers who had pre-ordered it for collection.

Customers have complained they have been unable to top up their Travelex currency cards, confirm transactions have taken place, check balances or use the Travelex app.

Kent-based photographer David Milne told Computer Weekly on 5 January that he was still waiting for Travelex to deliver £500 by a money transfer that was due on 1 January.

“I assume the funds are in limbo, but no one can seem to shed any light,” he said.

Travelex slow to patch critical servers

Computer Weekly has established that Travelex had waited for eight months to patch critical security weaknesses in the Pulse Secure VPN servers it uses to provide employees remote internet access to its central computers, leaving the company’s networks vulnerable to access by cyber criminals.

Security researchers reported that Pulse Secure VPN services contained bugs that could allow people to gain covert access to a company’s network, prompting Pulse Secure to issue an advisory notice and software patches to correct the problem in April 2019.

On 13 September, security company Bad Packets sent emails to thousands of companies with vulnerable Pulse Secure VPN services, after identifying that hackers were attempting to exploit the vulnerabilities.

It warned Travelex that it had seven unpatched Pulse Secure VPN servers in Australia, the Netherlands, the UK and the US, with vulnerabilities that could allow attackers to access its networks.

Analysis by Bad Packets shows that Travelex did not patch the servers until early November 2019, leaving a critical window in which the servers were vulnerable to attack.

Troy Mursch, chief research officer at Bad Packets, said it was possible that hackers could have gained access to Travelex before it patched its servers.

“I don’t want to speculate too much, but once someone has compromised a network and gained a foothold inside, they could activate [malware] at any time,” he said. “This is not a case where a company had one VPN server – they had multiple gateways inside their corporate networks.”

Travelex remote desktops vulnerable

According to researchers at McAfee Labs, cyber attackers use a variety of techniques to plant Sodinokibi on targeted computer networks. These include targeted phishing email attacks and exploit kits – compromised websites used to spread malware.

The majority of attacks, however, start by hackers targeting Microsoft’s Remote Desktop Protocol (RDP), which allows IT services engineers remote access to Windows machines.

“Exposing RDP directly to the internet is not a recommended practice, as it allows attackers to repeatedly try different passwords to gain access”
Kevin Beaumont, security specialist

According to Coveware, a company which specialises in negotiating ransom payments with cyber criminals, any company using RDP is “playing roulette with Ransomware”.

RDP has become a common attack vector used by hackers to sidestep endpoint security and makes penetrating portioned networks and backup systems simple. It is “the perfect access point for planting malware”, it says.

Security specialist Kevin Beaumont told Computer Weekly that Travelex had allowed RDP to be accessible from the internet, without using network-level authentication, which provides a layer of security.

This meant it would be possible for hackers to access the login screens of computers on Travelex’s network and to use “brute force” software to guess passwords.

“Exposing Remote Desktop [Protocol] directly to the internet is not a recommended practice, as it allows attackers to repeatedly try different passwords to gain access. Typically, you will receive thousands of login attempts every hour like this – sooner or later, attackers will gain access,” he said.

Remedial action

Travelex said it had deployed teams of IT specialists and external computer security experts, who have been working continuously since New Year’s Eve to isolate the virus and restore affected systems. It has declined to say whether it will pay the ransom.

Raj Samani, chief scientist at McAfee, said it may be possible for companies to identify Sodinokibi attacks early and close the door, but once they have received a ransomware note it is more difficult for them to recover.

“If [hackers] have access to [Microsoft] Active Directory, it means they have the keys to your castle. They have got admin rights. They have got multiple entry vectors”
Raj Samani, McAfee

Once inside a network, hackers may delete logs to cover their tracks and develop other ways to gain access to networks, even if companies patch vulnerabilities.

“If they have access to [Microsoft] Active Directory, it means they have the keys to your castle. They have got admin rights. They have got multiple entry vectors,” he said.

“Paying the ransom is only the top of the iceberg, because it is at this point you are going to have to figure out whether you can recover the systems. There have been companies that have had to rebuild their entire networks.”

‘Planned maintenance’

Last night, one week after the virus infection, Travelex websites in 20 countries in Europe and the Middle East remained inaccessible.

Visitors to Travelex’s websites in Europe, including the UK, Germany and France, were greeted with notices that services were unavailable because of “planned maintenance”.

Other Travelex websites, including those in Italy and Bahrain, reported that services were temporarily unavailable while Travelex makes improvements.

Visitors to the Canadian site were told that the Travelex was ‘excited’ about a planned redesign of its website and apologised that it was temporarily unavailable “before the big reveal”. Websites in New Zealand and Turkey returned application errors.

Additional research by Matt Fowler

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