UK data watchdog confirms it’s investigating MoneyGram data breach

Date:

Share post:


The U.K.’s data protection regulator has confirmed it’s investigating MoneyGram after receiving a data breach report from the U.S.-based money transfer giant.

The U.K.’s Information Commissioner’s Office, which requires that organizations report data breaches within 72 hours of discovering the incident, confirmed to TechCrunch on Friday that the watchdog had received a report from MoneyGram following a cybersecurity incident at the company. 

“We have received a report from MoneyGram and will be making enquiries,” ICO spokesperson Lucy Milburn told TechCrunch.

The extent of a potential data breach at MoneyGram remains unknown. MoneyGram, the world’s second-largest money transfer provider, serves over 50 million people in more than 200 countries and territories each year. 

MoneyGram has remained largely silent about the cybersecurity incident beyond a handful of updates posted to its X account.

The company’s website, which is now back up and running after almost a week offline, contains no mention of the cybersecurity incident, and MoneyGram has not responded to TechCrunch’s multiple requests for comment.

MoneyGram first confirmed the cybersecurity incident on Monday following three days of operational downtime, saying it “identified a cybersecurity issue affecting certain of our [sic] systems” and had taken some systems offline in an effort to contain the incident.

The outage forced both the company’s website and app offline, leaving customers unable to make in-person or online payments. The outage also affected MoneyGram partners, including the Bank of Jamaica and the U.K.’s Post Office. 

The latest update from MoneyGram, posted on X on Thursday, says that customers can now “send and receive money through both our digital platforms and agent partners,” but adds that the company is still working to fulfill pending transactions.

The company says that its app is now live and available. When TechCrunch checked on Friday, MoneyGram’s app remained offline.





Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

OpenAI’s GPT-5 reportedly falling short of expectations

OpenAI’s efforts to develop its next major model, GPT-5, are running behind schedule, with results that don’t...

OpenAI announces new o3 model — but you can’t use it yet

Welcome back to Week in Review. This week, we’re looking at OpenAI’s last — and biggest —...

Google pushes back against DOJ’s ‘interventionist’ remedies in antitrust case

Google has offered up its own proposal in a recent antitrust case that saw the US Department...

If climate tech is dead, what comes next?

Humans have an innate desire to name things, but to be honest, we’re not always that good...

Hollywood angels: Here are the celebrities who are also star VCs

Becoming a venture capitalist has become the latest status symbol in Hollywood.  Everyone these days, from Olivia Wilde...

Meet Skyseed, a VC fund and incubator backing the Bluesky and AT Protocol ecosystem

On November 15, Peter Wang posted a message requesting ideas for a new incubator and fund to...

Sam Altman disputes Marc Andreessen’s description of AI meetings with Biden administration

Famed investor Marc Andreessen recently talked about meetings with Biden administration staff who gave him the impression...

EV startup Canoo places remaining employees on a ‘mandatory unpaid break’

Struggling electric van startup Canoo has placed its remaining employees on what it’s calling a “mandatory unpaid...