MoneyGram Confirms Hackers Stole Personal and Transaction Data in Security Breach fter last month's cyber attack, the money transfer giant MoneyGram confirmed that hackers stole personal data and transactions.
According to a statement made Monday, MoneyGram was hacked by an unauthorized third party, allowing them to access and acquire some personal data following the recent cyberattack. This breach was so severe that it caused a week-long outage, also leading to the temporary shutdown of the company’s website and app.
In their statement, the giant said that it currently has over 50 million users in more than 200 countries and territories. Also, they mentioned that the cyberattack investigation is currently in its early stages and the company puts a lot of effort into finding out the number of customers that were directly affected.
It is believed that the stolen personal data may include names, phone numbers, postal and email addresses, and also national identification numbers. Furthermore, the personal data includes a small amount of Social Security numbers along with some government identification documents like driver's licenses and other important documents.
To reassure its customers, MoneyGram has provided an update on the nature of the attack. They clarified that the MoneyGram hacked event does not appear to be a ransomware attack. Ransomware is a type of cyberattack where hackers and cybercriminals use some sort of virus to hold information, data, devices, or different systems, hostage, until the target pays the ransom.
(Image Credits: MoneyGram)
"After working with leading external cybersecurity experts, including CrowdStrike, and coordinating with U.S. law enforcement, the majority of our systems are now operational, and we have resumed money transfer services,", the money transfer giant said in a recent update.
"We recognize the importance of system security as we take these actions. We restored our systems only after taking extensive precautionary measures. At this time, we have no evidence that this issue involves ransomware nor do we have any reason to believe that this has impacted our agents' systems."
It’s important to mention that recently on September 20 several users complained on social media platforms such as Facebook, X, or Reddit that the website and app were not working properly and they experienced several issues.
In the following days, MoneyGram declared that they were indeed experiencing a network outage and later affirmed that they were facing a cybersecurity issue. To offer high personal data protection, MoneyGram decided to shut down sections of its IT system along with online and in-person transactions.
Right now, all of the MoneyGram transfer services are working properly and everyone can use them without any issues.
Subscribe to our newsletter Amazon Fire TVs will offer Freely Streaming Platform, increasing the visibility of BBC and ITV (Image Credits: Amazon)
A new Amazon streaming service called Freely which is backed by the BBC, ITV, and other public broadcasters from England will be soon available on Amazon Fire TVs . This new improvement is coming after a “landmark deal” between these companies and the technology giant Amazon.
This deal represents a win for BBC and other channels such as Channel 4, Channel 5, and ITV which are grouped in the Everyone TV enterprise. This enterprise managed to launch at the beginning of the year the Freely streaming service that allows its viewers to have live TV streaming and on-demand content without any subscription when they buy smart TVs that include the service.
This association between Amazon and Everyone TV will make it easier for these broadcasters to offer the benefits of channels and programs in more and more households in England through Amazon TVs with the Amazon Fire operating system. They need to do this because the UK law is requiring broadcasters to provide programming to serve the public interest.
"A deal of this kind, between a technology giant and those working in the public interest, is remarkable," the Chief Executive of Everyone TV said.
Jonathan Thompson also said, "It represents a significant development in widening the availability of Freely and therefore ensuring UK audiences can access free TV well into the future."
When Freely was first launched in April this year, it was the first time that these four Britain broadcasters collaborated on a new public streaming service to ensure a future for the live TV streaming market.
It’s important to keep in mind that this new addition of Freely streaming service will be only available for those TVs that have the built-in skills of Amazon streaming and not for those that have the Amazon Fire TV stick add-on devices.
Freely represents a free service in the UK that includes broadcasters that are free to use and offer both live and on-demand streaming services. It should be mentioned that Freely is not a replacement for Freeview or Freesat and it’s only an alternative option for users who prefer their TV over their broadband connection.
Besides the Amazon Fire TV devices, the Freely streaming service is also available on Hisense Vidda TV, Bush Tivo TV, and also on Panasonic Tivo TV, and more deals are expected to come soon.
Super Micro Stock Rises due to 100,000 GPU Shipments in a Quarter Powered by the AI Boom (Image Credits: Micro)
According to a statement from Super Micro Computer , it seems that the GPU shipments are now more than 100,000 graphic processors every quarter of the year. Also, they revealed a new series of products with liquid cooling that managed to push their market shares up by about 14% after a decline that lasted several weeks.
The higher demand for generative artificial intelligence technology has recently become visible and also determined a request for the essential hardware that can process huge amounts of generative artificial intelligence data usage which helped the Super Micro Company. This surge in demand is mainly driven by the AI boom.
Their statement also claims "recently deployed more than 100,000 GPUs with liquid cooling solution (DLC) for some of the largest AI factories ever built,"
Soon, if the Super Micro company develops according to its plan, and manages to gain hold it will probably add more than $ 3 billion to their market value. Super Micro represents a well-known company for its innovative liquid cooling technology which can reduce power consumption and use as little energy as possible compared to the air cooling techniques that are used in different data centers.
This good news is coming at a perfect time because several investors of the Super Micro company started to have concerns about the stock market situation due to recent troubles and declines in the past weeks, including Hindenburg Research revealing a short position in the company back in August.
According to market research firm Ortex, short interest in Super Micro now exceeds 20% of its free float, valued at approximately $3.59 billion.
"If this is related to short sellers trying to buy back shares or not is too early to tell at this point, but at the current price, short sellers are making short-term losses and may choose to close their positions," Ortex stated.
Over the last two weeks, Super Micro shares have lost more than 9% of their value but they are still higher than 66% from last year. Super Micro company also revealed a new and innovative variety of DLC products that can provide the “highest GPU per rack density” with almost 96 Nvidia B200 chips on each rack.
If the AI boom continues to expand, Super Micro will be positioned as a key player to deliver the infrastructure needed in this technological evolution.
US Court Demands Google to enable the competition in Play Store (Image Credits: Unspalsh)
Yesterday the James Donato judge had given the last rule in the Epic vs Google conflict and ordered Google to open up the Google Play app store in favor of Play Store competition for 3 years. According to the judge’s rules, the tech company must spread the Play Store competition with their third-party app stores in its Google Play store, and it’s also required to offer rival third-party app stores the opportunity to have access to all of the Google Play apps unless they refuse to do so individually.
All of these changes are Epic's biggest asks, and it is possible to change the Google app marketplace for good.
Let’s review some of the requests that Epic managed to win. So, starting with November 1st, 2024 until November 1st, 2027, the tech company is required to let all Android developers tell users about other alternative ways to pay in the Play Store. Also, they need to stop requiring a Google Play charge for apps that are distributed on the Google Play Store. Besides that, the tech company also needs to let the Android developers determine their prices for apps independent of the Play charges.
There is also a list of actions that the tech company is forbidden to do such as offering money to developers to not launch their apps on Play Store competition stores, as well as offering money to developers for launching first and exclusively on their Play Store.
But besides all of these restrictions, the tech company will have a small amount of control over the safety and security due to the opening of their app to rival stores. So, Google will be capable of making some changes and taking measures that are necessary and also similar to the current Google Play Store policies.
Judge Donato is agreeing to give Google eight months to determine a good system of policies, and also a way for developers to refuse to be listed in different Play Store competition Android app stores.
“The Epic Games Store and other app stores are coming to the Google Play Store in 2025 in the USA — without Google’s scare screens and Google’s 30% app tax — thanks to victory in Epic v Google,” the CEO of Epic Games Tim Sweeney stated in an X post.
Epic Games sued Google on August 13 2020 on the same day that also sued the Apple company. It is believed that Epic Games did this intentionally for both tech giants to avoid their 30% fee for in-app purchases. The second reason behind this appeal was to promote the new update for their Fortnite Game but Google as well as Apple responded by kicking Fortnite off their app stores.
The Apple case is now over, but the Google one took too much longer and after several appeals, Google must comply with these rules.