MoneyGram goes offline as it investigates cybersecurity problem
MoneyGram International is continuing work to restore its global money transfer service after taking the product offline several days ago because of a cybersecurity issue, the company reiterated on Tuesday.
“Once all systems are fully operational, transactions that are currently pending will be made available to customers,” The Dallas-based company posted Tuesday morning in an update on X.
MoneyGram in previous posts said it was working with cybersecurity experts and law enforcement as its strives to resume normal business operations, it stated in a post on social media.
“We recognize the importance and urgency of this matter to our customers and partners,” MoneyGram said.
A spokesperson for MoneyGram could not be reached for further comment.
Source: CBS News