moneygram

MoneyGram replaces CEO weeks after massive customer data breach

Security /

Money transfer giant MoneyGram has replaced its chief executive less than a month after confirming that hackers stole reams of customers’ personal information and transaction records in a data breach. In a statement Monday, MoneyGram said it appointed Anthony Soohoo as the company’s chief executive with immediate effect. Soohoo replaces Alex Holmes, who joined MoneyGram […]

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MoneyGram says hackers stole customers’ personal information and transaction data

Security /

U.S. money transfer giant MoneyGram has confirmed that hackers stole its customers’ personal information and transaction data during a cyberattack last month. The company said in a statement Monday that an unauthorized third party “accessed and acquired” customer data during the cyberattack on September 20. The cyberattack — the nature of which remains unknown —

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UK data watchdog confirms it’s investigating MoneyGram data breach

Security /

The U.K.’s data protection regulator has confirmed it’s investigating MoneyGram after receiving a data breach report from the U.S.-based money transfer giant. The U.K.’s Information Commissioner’s Office, which requires that organizations report data breaches within 72 hours of discovering the incident, confirmed to TechCrunch on Friday that the watchdog had received a report from MoneyGram

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MoneyGram blames ‘cybersecurity issue’ for ongoing days-long outage

Security /

U.S.-based money transfer giant MoneyGram has blamed an unspecified “cybersecurity issue” for an ongoing days-long outage affecting the company and its users. In a post on X on Monday, MoneyGram said it had “identified a cybersecurity issue affecting certain of our [sic] systems.” The company previously said a “network outage” was the cause of the

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