Sunday, January 21, 2007

 

MoneyGram Security Breach Affects 79,000 Customers

MoneyGram Security Breach Affects 79,000 Customers
Fri Jan 12, 2007 11:01 PM GMT



NEW YORK (Reuters) - MoneyGram International Inc. , the second-largest U.S. money transfer company, on Friday said someone illegally obtained access through the Internet to a company server containing personal data for about 79,000 customers.

The Minneapolis-based company said data that might have been accessed include names, addresses, phone numbers, biller account numbers and bank account numbers. Social Security, driver's license and state identification numbers were not accessed, it said.

MoneyGram said it is notifying customers of the breach, which it called "isolated," and which it said involved customers who made payments to a single biller. It said it is working with law enforcement on the matter, and that forensic experts have not determined whether data were compromised.

The company said it is offering the affected customers free credit monitoring for one year. It does not expect the breach to materially affect financial results.

The company's shares fell 39 cents to $29.03 in afternoon trading on the New York Stock Exchange.

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