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A cyberattack on MoneyGram caused its service outage

  • American peer-to-peer payments and money transfer company MoneyGram confirmed that a cyberattack caused its service outage.
  • The company informed customers of a network outage impacting connectivity to several systems.
  • MoneyGram has taken systems offline to contain the attack, suggesting a ransomware incident.
  • The company is working to restore systems and resume normal operation.

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