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MoneyGram admits ‘cybersecurity issue’ behind several-day outage

MoneyGram admits ‘cybersecurity issue’ behind several-day outage

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Source: Coin Telegraph

MoneyGram’s services have been offline since Sept. 20, with the firm confirming the outage is due to a cybersecurity incident three days later.

Financial services firm MoneyGram has admitted its multiday outage is due to a “cybersecurity issue,” and it is working to restore its services with some success.

“MoneyGram recently identified a cybersecurity issue affecting certain of our systems,” the company said in a Sept. 23 X post.

It comes days after users reported that its services were down on Sept. 20, and hundreds have reported MoneyGram’s outage in the past 24 hours, according to service status information aggregator DownDetector.

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Author: Jesse Coghlan