MoneyGram Data Breach Class Action Lawsuit

Flickr - Mike Mozart | Published: November 5, 2024

Claim Form Deadline: Pending

Payout: Pending

Proof required: N/A

What's the MoneyGram Data Breach Class Action Lawsuit?

A class action lawsuit has been filed against MoneyGram Payment Systems, Inc., after a wide-reaching data breach potentially affecting hundreds of thousands of consumers. The Moneygram class action has not been settled yet and is pending in the courts. There have been other recent data breaches that have paid consumers millions of dollars after companies allegedly mishandled consumers' personally identifiable and sensitive information.

On September 27, 2024, MoneyGram discovered that unauthorized access to its systems had taken place between September 20 and 22. The delay in detection was highlighted as allegedly inadequate security measures in the MoneyGram class action lawsuit. The MoneyGram data breach was reportedly initiated through a sophisticated social engineering attack targeting the company's IT support team.

Was My Information Hacked in the MoneyGram Data Breach?

To find out if you were affected by the MoneyGram data breach:

1. Check if you received a notification from MoneyGram.
2. If you're unsure, contact MoneyGram directly and mention the September 2024 data breach class action lawsuit.
3. Have the engagement number B132368 ready when you call.
4. Ask if your information was involved in the breach.
5. If you used MoneyGram services around September 20-22, 2024, you may be more likely to be affected.
6. Review your financial statements and credit reports for any unusual activity to prevent fraud.

How Many People Were Affected by the MoneyGram Data Breach?

While MoneyGram has not disclosed the full scope of the data breach, the incident likely impacted a substantial number of customers. This assessment is based on MoneyGram's position as a major player in the global money transfer industry. The company's extensive reach, spanning over 200 countries and territories with more than 430,000 service locations worldwide, suggests that the potential pool of affected customers could be significant, possibly numbering in the thousands.

MoneyGram Faces Class Action Following Massive Data Breach

MoneyGram Payment Systems, a global leader in money transfer services, is now confronting a proposed class action lawsuit in the aftermath of a major cybersecurity incident that occurred in September 2024. This breach has raised serious questions about the company's data protection protocols and its ability to safeguard sensitive customer information.

On October 14, 2024, a class action complaint was filed against MoneyGram in the United States District Court for the Northern District of Texas. The lawsuit, brought by Armando Reyes on behalf of affected U.S. residents, alleges that MoneyGram failed to implement adequate security measures to protect customers' personally identifiable information (PII).

Key allegations in the lawsuit include:

  1. Insufficient security protocols to safeguard customer data
  2. Delayed breach detection, suggesting inadequate monitoring systems
  3. Potential underestimation of the breach's full scope, given MoneyGram's global presence
  4. Discrepancy between MoneyGram's public statements on data security and the actual incident

Which Data Was Compromised in the MoneyGram Data Breach?

The cyberattack exposed a wide array of sensitive customer data, including, but not limited to the following data:

• Personal identifiers (names, birthdates)
• Contact details (phone numbers, email and postal addresses)
• Financial information (bank account numbers, transaction details)
• Government-issued identification
• Social Security numbers (for a subset of customers)
• MoneyGram Plus Rewards account information
• Limited criminal investigation data (for a small number of individuals)

What is the Total Settlement Amount?

The MoneyGram class action lawsuit is still in its initial stages and no settlement has been reached yet. Check back to this page for regular updates. If a settlement is reached, payout and claim form information will be updated below.

How Do I Qualify For a Payout?

The MoneyGram data breach lawsuit aims to cover all United States residents whose personally identifiable information was compromised in the MoneyGram data breach and who received notification from MoneyGram that they were affected. However, as there's no settlement yet, qualification criteria are not established.

How Do I Find Class Action Settlements?

Find all the latest class actions you can qualify for by getting notified of new lawsuits as soon as they are open to claims:

How Much Can I Get Paid?

MoneyGram is providing free identity protection and credit monitoring services to affected U.S. customers for two years. To learn how to activate these services follow the directions on MoneyGram's remediation site below. It will explain how to:

1. Enroll by January 31, 2025: Make sure you sign up before this date, as your activation code will expire after that.
2. Visit the Enrollment Website: Go to the Experian IdentityWorks website at https://www.globalidworks.com/identity1.
3. Enter Your Activation Code: Use the activation code: KDYP527NWG to start the enrollment process.

There is no information about potential cash payouts yet as the lawsuit is still in its early stages with no settlement reached.

How Do I File a Claim?

As the MoneyGram class action is still ongoing no settlement or claims process has been established yet.

Find More Data Breaches: Learn More

MoneyGram Remediation

Filing Class Action Settlement Claims

Please note that your claim form will be rejected if you submit a settlement claim for payout with any fraudulent information. By providing this information and your sworn statement of its veracity, you agree to do so under the penalty of perjury. You would also be harming others that actually qualify for the class action settlement. If you are not sure whether or not you qualify for this class action settlement, visit the class action administrator's website below. OpenClassActions.com is only providing information and is not a class action administrator or a law firm. OpenClassActions is a participant in the Amazon affiliate advertising program and this post may contain affiliate links, which means we may earn a commission or fees if you make a purchase via those links.

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