A ransomware gang claimed Monday (Oct. 12) that it stole data from payment network MoneyGram and will publish the data if the company does not start negotiating, Cybernews reported Monday (Oct. 12), citing the gang’s claim posted on the dark net.
MoneyGram has not confirmed an incident, and the attackers have not shared data samples, according to the report.
MoneyGram did not immediately reply to PYMNTS’ request for comment.
In an earlier, separate incident, MoneyGram said in September 2024 that it experienced a network outage and found a “cybersecurity issue.”
PYMNTS reported earlier this year on a ransomware attack in which the hackers claimed to have stolen 8TB of data and upwards of 11 million documents from Foxconn, a manufacturer of products for Apple and Google; a ransomware attack on payday loan provider Check City, with a data breach that impacted 322,687 people; and a cyberattack on Toymaker Hasbro that led the company to take some of its systems offline for weeks.
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The FBI’s Internet Crime Complaint Center (IC3) said in its 2025 Internet Crime Report that it received 1,008,597 complaints in 2025 and that the victims’ total losses amounted to $20.877 billion, a figure that was up 26% compared to the previous year.
Ransomware accounted for 3,611 of the complaints and $32.32 million of the losses, according to the report.
“Ransomware is among the highest reported cyber threats targeting critical infrastructure organizations,” IC3 said in the report.
Bloomberg reported Saturday (Oct. 10) that the Global Anti-Scam Alliance estimates that victims of scams lost $442 billion across 42 countries last year.
The Financial Times reported in July that hackers have become more advanced and more careful in targeting companies.
“In 2026, the ransomware landscape has evolved into a highly sophisticated, corporate-style ecosystem,” Haydn Brooks, chief executive of supply chain security group Risk Ledger, told the FT. “While ransomware groups operate like smart B2B operations to ensure data return, the legal and sanction risks of paying are at an all-time high.”
The PYMNTS Intelligence and Bottomline collaboration “Prevention First: Building a Smarter Defense Against Payment Fraud” found that 42% of corporate finance departments deploy a stack of three or more artificial intelligence tools to secure their outgoing payments.