MoneyGram: No Proof Ransomware Was Behind The Recent Cyber Attack

 

MoneyGram, a payment provider, claims there is no proof that ransomware was behind a recent incident that caused a five-day outage in September. 

MoneyGram is an American payment and money transfer platform that allows customers to send and receive money through a vast network of 350,000 physical locations in 200 countries, as well as through its mobile app and website. 

The payment platform acknowledged a cyberattack and took systems offline to limit the incident on September 20, three days after customers began reporting concerns. 

Customers were unable to access and transfer money, as well as engage in other online activities, due to the disruption of IT services. While many suspected a ransomware assault, MoneyGram provided no additional information, and no ransomware group claimed responsibility.

MoneyGram stated in an email to stakeholders on September 25 with new information regarding the cyberattack, which BleepingComputer obtained, that customers can now trans

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