MoneyGram States No Ransomware Evidence in Cyberattack Affecting Payment System

Monday, 7 October 2024, 16:02

MoneyGram has reported that there is no evidence linking ransomware to the recent cyberattack aimed at its payment system. The company has successfully restored transfer services and clarified the nature of the attack. This development reassures customers about the integrity and security of their transactions.
Techradar
MoneyGram States No Ransomware Evidence in Cyberattack Affecting Payment System

MoneyGram Responds to Cyberattack

In a crucial update, MoneyGram has confirmed that the recent cyberattack on its payment system was not a ransomware incident. The company has fully restored its transfer services, alleviating concerns among users.

Understanding the Cyberattack Impact

  • MoneyGram emphasized the lack of ransomware involvement.
  • Restoration of services took priority to maintain customer trust.
  • Further investigation into the attack's nature is ongoing.

This announcement marks a significant step in addressing customer concerns and ensuring the security of financial transactions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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