CWT pays hackers millions in ransom
Corporate travel firm CWT was stung for $4.5 million after being targeted by ransonware hackers.
According to Reuters, hackers paralyzed a large amount of data and demanded bitcoin payment to restore it.
They claimed to have knocked 30,000 computers offline.
CWT confirmed the cyberattack but understandably is saying very little about the incident.
"We can confirm that after temporarily shutting down our systems as a precautionary measure, our systems are back online and the incident has now ceased," CWT said in a statement.
"While the investigation is at an early stage, we have no indication that personally identifiable information/customer and traveler information has been compromised."
CWT said it immediately informed law enforcement.
Hackers infected the CWT system with a ransomware program called Ragnar Locker, which allegedly disabled thousands of computers.
The hackers had earlier demanded $10 million to restore the data.
It is unclear what data hackers had access to or if any of its major corporate customers were impacted.
Minneapolis based CWT posted revenue of $1.5 billion in 2019 and says its customer base includes more than one third of S&P 500 companies.
by Ray Montgomery, US editor
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt
Qatar Airways offers flexible payment options for European travellers
Air Mauritius reduces frequencies to Europe and Asia for the holiday season