FeganScott Investigates MoneyGram's Data Breach and Impacts
FeganScott Investigates MoneyGram's Data Breach
FeganScott, a national law firm focused on consumer rights, has recently initiated an investigation into MoneyGram, following the alarming revelation that an unauthorized third party accessed customers’ sensitive personal and financial data during a cyberattack that occurred in September.
Details of the Cyberattack
MoneyGram has confirmed in its statements that the breach resulted in the theft of crucial customer information, which includes Social Security numbers, government IDs, bank account numbers, and transaction details. Although the exact impact of this incident is still under review, the company disclosed that the cyberattack happened between September 20 and 22.
Concerns Raised by FeganScott
Elizabeth Fegan, the managing partner at FeganScott, expressed serious concerns about how the data breach has been managed by MoneyGram. She pointed out that the company seemingly neglected its duty to protect consumer data effectively.
“It seems evident to me that MoneyGram has failed significantly in its role to secure consumer information,” Fegan stated. “It is particularly frustrating that after allowing such a serious breach, they have suggested steps for consumers to take in protecting their data, which feels both poorly timed and inadequate given the severity of the situation.”
What Customers Should Do
In light of these events, MoneyGram customers are strongly encouraged to reach out to the firm to understand their rights and what steps they can take. They can contact FeganScott for more details about their next steps and possible actions they may pursue considering the breach.
About FeganScott
FeganScott is a renowned class action law firm committed to defending victims of consumer fraud, data breaches, sexual abuse, and discrimination. The firm is led by distinguished class action attorneys who have successfully recovered over $14 billion for victims across the country. FeganScott is dedicated to achieving just outcomes while upholding the highest standards of integrity.
Frequently Asked Questions
What triggered FeganScott's investigation into MoneyGram?
The investigation was initiated after a confirmed data breach where unauthorized access to personal and financial customer information occurred.
What type of information was compromised in the MoneyGram breach?
The breach compromised several key pieces of information, including Social Security numbers, bank account details, and government identification.
How can customers protect themselves after the breach?
Customers are advised to monitor their accounts closely, report any suspicious activity, and stay informed about their rights through legal assistance.
Who should customers contact for more information?
Customers can reach out to FeganScott for information regarding their rights and guidance on potential steps to take following the breach.
What is the reputation of FeganScott?
FeganScott is well-respected in the legal community, recognized for their work in class action litigation and has successfully secured significant recoveries for clients nationwide.
About The Author
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