October 6, 2024 at 11:50AM MoneyGram suffered a cyberattack causing a five-day system outage in September. While customers suspected ransomware, MoneyGram denies evidence of it. Investigation with external cybersecurity experts and law enforcement confirmed no ransomware involvement, with systems now operational. The attack, initiated through social engineering on the company’s internal help desk, was blocked … Read more
September 24, 2024 at 08:53AM Money transfer giant MoneyGram confirmed a cybersecurity incident caused system outages since Friday, impacting network connectivity for customers. MoneyGram is working to resolve the situation and has not disclosed the type of attack. The extended outage suggests a ransomware attack, which could have far-reaching repercussions due to its massive customer … Read more
September 23, 2024 at 05:38PM MoneyGram’s global money transfer services are down due to a cybersecurity issue, affecting in-person and online transactions. The company has not disclosed a timeline for restoration or confirmed a ransomware attack. MoneyGram has hired cybersecurity experts, initiated an investigation, and is cooperating with law enforcement. The company stores sensitive customer … Read more