**MoneyGram Faces Cybersecurity Outage, Works to Restore Services**

MoneyGram, a major financial services firm, has confirmed a "cybersecurity issue" causing a multiday outage. The problem, first reported by users on Sept. 20, has affected various systems, with hundreds of outage reports surfacing.

- **Immediate Action:** Upon detecting the issue, MoneyGram launched an investigation, took systems offline, and collaborated with law enforcement and cybersecurity experts.

- **Current Status:** As of Sept. 24, the company is making progress in restoring key transactional systems and working around the clock to resolve the issue.

- **Pending Transactions:** Once systems are back online, pending user transactions will be processed.

- **Details:** The specifics of the cybersecurity breach, including which systems were affected or if sensitive data was accessed, remain undisclosed. No timeline for full service restoration has been provided.

This incident occurs amid a rise in crypto-related ransomware attacks, highlighting the growing cybersecurity challenges in the financial sector.