In a message to its valued customers, MoneyGram International has revealed that the company has been grappling with a cybersecurity issue affecting certain of its systems.
The global money transfer provider has acted swiftly to address the situation, launching an investigation and proactively taking affected systems offline.
“MoneyGram recently identified a cybersecurity issue affecting certain of its systems,” the company’s statement read.
“Upon detection, they immediately launched an investigation and took protective steps to address it, including proactively taking systems offline.”
The company has assured its customers that it is working diligently to bring its systems back online and restore normal business operations.
“MoneyGram is working diligently to bring our systems back online and resume normal business operations,” the statement continued.
While acknowledging the inconvenience caused to its customers, MoneyGram expressed gratitude for their continued patience during this challenging period. “We regret any inconvenience this may cause you and appreciate your continued patience,” the message concluded.
The revelation of this cybersecurity incident comes as a significant blow to MoneyGram, a prominent player in the global financial services industry.
The company operates in over 200 countries and territories, providing essential money transfer services to individuals and businesses around the world.
Nobody should be using Moneygram again. These Western Unions and Money Gram are so outdated.