MoneyGram, the US-based financial services company recognized for its money transfer and cryptocurrency trading services, has temporarily suspended its operations due to an ongoing cybersecurity incident, the details of which remain unclear.
The issues reportedly began on Friday, September 20, when customers began facing difficulties, initially attributed to a network outage affecting connectivity.
Following further investigation, MoneyGram confirmed on Monday that a cybersecurity issue had been identified, impacting certain systems.
In a post on X, the company announced that an investigation is underway and that some systems have been taken offline, resulting in disruptions to network connectivity.
The firm stated that it is actively working to restore its systems and resume normal operations.
Corruption and Misuse of Public Money Won’t be Tolerated, Anwar ul Haq
Train Services from Quetta Remain Suspended for 21 Days
Taiwanese Hacking Group Anonymous 64 Targets Mainland China, Sparks Controversy
“We are making strides in restoring several of our essential transactional systems. Our committed team is working tirelessly to resume normal business operations,” MoneyGram stated in a post on Tuesday.
“Once all systems are fully operational, any pending transactions will be accessible to customers. We apologize for the inconvenience and will keep providing relevant updates as they become available,” the company added.
Follow us on our social media platforms here: Twitter WHATSAPP CHANNEL FACEBOOK PAGE
Comments are closed, but trackbacks and pingbacks are open.