MoneyGram Confirms Cyberattack: Customer Data Stolen in Major Breach

MoneyGram has revealed that hackers accessed their network in a September 2024 cyberattack, stealing sensitive customer information, including personal and transaction data. The breach led to a five-day service outage and exposed crucial details such as social security numbers, government IDs, and bank account information. The attack was reportedly initiated through a social engineering attempt on MoneyGram's IT help desk.

  • The breach was detected on September 27, 2024, but hackers had access to MoneyGram’s network from September 20-22, allowing them to steal customer information before the system was shut down.
  • Personal and transaction details were compromised, including social security numbers, government IDs, email addresses, utility bills, and bank account numbers.
  • Unlike typical breaches, this attack was not ransomware-driven but initiated through social engineering tactics aimed at MoneyGram's IT help desk.
  • Breach Impact: The attack caused a five-day outage, preventing customers from accessing or transferring funds via MoneyGram services.

This attack highlights the increasing threat of social engineering tactics and the importance of cybersecurity solutions that protect businesses and customer data. Net Protector Cyber Security offers a range of products, including NPAV Endpoint Security and Advanced Threat Detection, designed to safeguard IT infrastructure, prevent unauthorized access, and detect suspicious activities before they escalate into major breaches. Protect your network and customer trust with Net Protector’s robust cyber defense solutions.