‘Cybersecurity issue’ takes MoneyGram offline for three days – and counting
A “cybersecurity issue” has shut down MoneyGram’s systems and payment services since Friday, and the fintech leader has yet to update customers as to when it expects to have its global money transfer services back up and running. The downed services reportedly include in-person payments as well as online transactions. The Register has asked Texas-based MoneyGram for comment and will update this story if and when we receive answers to our questions, including when it expects to restore its operations, and if a ransomware infection is to blame for the forced downtime.
Hackers Posed as Google Support to Steal $243 Million in Crypto
A major breakthrough in cryptocurrency theft came to light on September 19, 2024, when anonymous Twitter user and crypto investigator ZachXBT (@ZachXBT) revealed his investigation into one of the largest crypto heists in history. The theft of $243 million worth of cryptocurrency from a single Genesis creditor, was carried out through a sophisticated social engineering attack in August 2024. ZachXBT’s investigation played a key role in tracing the alleged culprits, which led to multiple arrests and the recovery of millions in stolen funds.
U.S. govt agency CMS says data breach impacted 3.1 million people
The Centers for Medicare & Medicaid Services (CMS) federal agency announced earlier this month that health and personal information of more than three million health plan beneficiaries was exposed in the MOVEit attacks Cl0p ransomware conducted last year. The hackers stole the data after breaching the Wisconsin Physicians Service (WPS) health insurance corporation, which provided Medicare administrative services. CMS is a federal agency within the HHS that administers the nation’s major healthcare programs, including Medicaid and CHIP.
Who’s watching you the closest online? Google, duh
Google, once again, is the “undisputed leader” when it comes to monitoring people’s behavior on the internet, according to Kaspersky’s annual web tracking report. In its yearly roundup of who is keenest to follow an individual’s web movements — and their data — the now-banned-in-America security shop collected anonymous users’ statistics between July 2023 and June 2024 via its Do Not Track (DNT) plugin. The software, built into all Kaspersky products but disabled by default, prevents trackers (cookies, tracking pixels, social media trackers, web analytics and device fingerprinting) from loading when users visit websites.
AutoCanada says ransomware attack “may” impact employee data
AutoCanada is warning that employee data may have been exposed in an August cyberattack claimed by the Hunters International ransomware gang. Although the firm says it has detected no fraud campaigns targeting impacted individuals, it is sending notifications to alert affected people of potential risks. In mid-August, the car dealership company disclosed that it had to take specific internal IT systems offline to contain a cyberattack, leading to operational disruptions.
Microsoft claims its AI safety tool not only finds errors but also fixes them
Microsoft is launching a new feature called “correction” that builds on the company’s efforts to combat AI inaccuracies. Customers using Microsoft Azure to power their AI systems can now use the capability to automatically detect and rewrite incorrect content in AI outputs. The correction feature is available in preview as part of the Azure AI Studio — a suite of safety tools designed to detect vulnerabilities, find “hallucinations,” and block malicious prompts. Once enabled, the correction system will scan and identify inaccuracies in AI output by comparing it with a customer’s source material.
MoneyGram confirms a cyberattack is behind dayslong outage
Money transfer giant MoneyGram has confirmed it suffered a cyberattack after dealing with system outages and customer complaints about lack of service since Friday. While many suspected the company was hit by a cyberattack, it wasn’t until Monday morning that MoneyGram confirmed that a cybersecurity incident caused the systems outage. “MoneyGram recently identified a cybersecurity issue affecting certain of our systems,” reads the announcement.
