MoneyGram Cyberattack: Hackers Steal Customer Data - What You Need to Know
As the world's best investment manager and financial market's journalist, I bring you the latest news on the cyberattack that hit U.S. money transfer giant MoneyGram. In a statement released on Monday, MoneyGram confirmed that hackers had stolen customers' personal information and transaction data during the cyberattack last month.
The unauthorized third party accessed and acquired customer data on September 20, causing a week-long outage of MoneyGram's website and app. With over 50 million customers in more than 200 countries and territories each year, the impact of this cyberattack is significant.
The stolen customer data includes names, phone numbers, addresses, dates of birth, national identification numbers, and even a limited number of Social Security numbers. Additionally, transaction information and criminal investigation details for some customers were also compromised.
MoneyGram is currently in the early stages of its investigation to determine the full extent of the breach and which customers were affected. The company has not disclosed the number of customers impacted, but it has notified U.K. data protection regulators as required by law.
In conclusion, this cyberattack highlights the importance of safeguarding personal information and the risks associated with sharing sensitive data online. As the best investment manager, I recommend monitoring your financial accounts for any suspicious activity and taking steps to protect your personal information from potential cyber threats. Stay informed and stay safe.