☠️ Total Chaos!: Hackers Attack MoneyGram, Crashing the Website and App

☠️ Total Chaos!: Hackers Attack MoneyGram, Crashing the Website and App

The attack occurred on September 22, and in the following days, the platform continued to experience disruptions. While the company has not yet issued an official statement, the incident is suspected to be a ransomware attack.

💫 Ransomware attacks are becoming increasingly frequent and sophisticated: in the first half of 2024 alone, victims paid over 460 million USD in ransoms, with the largest single ransom payment reported at 75 million USD.

💫 Recent victims include U.S. mortgage agency LoanDepot and credit union Patelco Credit Union. This year, auction house Christie's and Dutch bank ABN Amro also reported data leaks related to ransomware attacks.

💫 Key Fact: MoneyGram serves 50 million users worldwide, facilitating more than 200 billion USD in transfers annually. One of its key partners, the UK's Royal Mail 🇬🇧, has also been grappling with major issues in recent days.

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