Friend
Professional
- Messages
- 2,658
- Reaction score
- 864
- Points
- 113
Customers can only hope for the best so as not to lose their money.
MoneyGram has suspended its money transfer systems and services since September 20 due to a cyber incident. Payments through MoneyGram systems, both offline and online, remain unavailable, and the company has not yet provided information about the timing of the resumption of work.
The problems first became known on September 22, when MoneyGram reported a network failure that disrupted communication with a number of the company's systems. However, on September 23, the company clarified that the failure was caused by a cyberattack. At the same time, MoneyGram representatives avoid using the term "ransomware", and so far no hacker group has claimed responsibility for the incident.
The company assured that after detecting the threat, it immediately launched an investigation and disabled a number of systems to prevent further problems. In the course of mitigation, MoneyGram engaged external experts in the field of cybersecurity and cooperates with law enforcement agencies.
MoneyGram is one of the largest money transfer companies, handling large amounts of sensitive data, including the personal information of more than 150 million customers, including names, addresses, phone numbers, bank details, and credit card numbers. This data is of serious interest to cybercriminals, who can use it for financial fraud and identity theft.
Source
MoneyGram has suspended its money transfer systems and services since September 20 due to a cyber incident. Payments through MoneyGram systems, both offline and online, remain unavailable, and the company has not yet provided information about the timing of the resumption of work.
The problems first became known on September 22, when MoneyGram reported a network failure that disrupted communication with a number of the company's systems. However, on September 23, the company clarified that the failure was caused by a cyberattack. At the same time, MoneyGram representatives avoid using the term "ransomware", and so far no hacker group has claimed responsibility for the incident.
The company assured that after detecting the threat, it immediately launched an investigation and disabled a number of systems to prevent further problems. In the course of mitigation, MoneyGram engaged external experts in the field of cybersecurity and cooperates with law enforcement agencies.
MoneyGram is one of the largest money transfer companies, handling large amounts of sensitive data, including the personal information of more than 150 million customers, including names, addresses, phone numbers, bank details, and credit card numbers. This data is of serious interest to cybercriminals, who can use it for financial fraud and identity theft.
Source
