Anyone who wants to transfer cash quickly and easily from country A to country B nowadays resorts to international payment providers. The largest in the world are Western Union and MoneyGram.
Both companies offer the option of depositing and withdrawing cash within minutes, quickly and relatively easily. Often, all that is required is an ID document, a reference number, and a few details about the country of origin. A credit card or account is not necessary. Often, the money is intended to support a family, which is why it is particularly annoying when the money does not arrive.
Data is also a treasure
But cybercriminals aren’t always just after quick money; they’re also very interested in personal data. This, as well as customer transaction data, was stolen from MoneyGram in a five-day cyberattack in September.
