MoneyGram reports cybersecurity issues

The financial company MoneyGram reported a multi-day service outage related to a cybersecurity issue. The company noted that it is actively working on restoring its systems with some success.

Response and protection measures

After discovering the issue, MoneyGram immediately initiated an investigation and took protective measures, including proactively taking systems offline, which affected network connectivity.

The company stated that it is cooperating with law enforcement and leading external cybersecurity experts to mitigate the impact of the incident.

Current state of system security

According to representatives, users can complete pending transactions when the systems are back online.

However, the details of the issue have not been disclosed, including which specific systems were affected and whether access to confidential data was obtained. The company also did not specify when it expects all services to be fully restored.