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MoneyGram is widely used by immigrants across the U.S. to send payments to their home country and to pay bills. India and Mexico are the biggest receivers of such transfers, respectively ...
MoneyGram International—a Dallas-based financial services company, perhaps best known for its payment and money-sending services—has been down for days, apparently due to a cybersecurity problem.
MoneyGram admitted a “cybersecurity issue” was the cause of its outage, which has knocked its services offline since Sept. 20.
Business Dallas-based MoneyGram takes itself offline as it probes cybersecurity issue The money transfer service is widely used by immigrants in the U.S. and across North Texas to send remittances.
MoneyGram is working diligently alongside cybersecurity experts as well as law enforcement to get to the bottom of a cybersecurity issue that apparently began Sept. 21, 2024, reported CBS News.
Moneygram serves more than 50 million people in more than 200 countries and territories each year, and processes more than $200 billion each year, according to the company.
MoneyGram has said it is experiencing a “cybersecurity issue” that has forced it to shut down parts of its IT infrastructure. The incident seems to have started on Friday, when customers first ...