MoneyGram Confirms Cyberattack Behind Prolonged Service Outage

The money transfer giant has been offline since Friday, affecting millions of users globally.

MoneyGram has been experiencing a system outage since Friday due to a confirmed cybersecurity incident.
The company took systems offline proactively to address the issue, impacting both online and in-person transactions.
MoneyGram is collaborating with external cybersecurity experts and law enforcement to investigate and resolve the situation.
The outage has affected millions of users, particularly those relying on remittances to send money to family members abroad.
No timeline has been provided for when services will be fully restored, and the nature of the attack suggests a potential ransomware incident.