Get the latest tech news

MoneyGram replaces CEO weeks after massive customer data breach


The CEO's removal comes soon after the company confirmed it had lost an unspecified amount of personal customer information in an earlier September cyberattack.

Money transfer giant MoneyGram has replaced its chief executive less than a month after confirming that hackers stole reams of customers’ personal information and transaction records in a data breach. In a statement Monday, MoneyGram said it appointed Anthony Soohoo as the company’s chief executive with immediate effect. When reached by TechCrunch, MoneyGram spokesperson Sydney Schoolfield said: “This announcement is not related to the recent cyber issue.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of Weeks

Weeks

Photo of CEO

CEO

Photo of MoneyGram

MoneyGram

Related news:

News photo

Path of Exile 2 early access delayed by three weeks

News photo

Olympus’s CEO Exits After Allegation He Bought Illegal Drugs

News photo

Intel's former CEO pushed for the chip maker to buy Nvidia for $20 billion in 2005—the GPU company is now worth $3.5 trillion