Brief by Shorts91 Newsdesk / 10:42am on 01 Aug 2024,Thursday Tech Today
A ransomware attack on C-Edge Technologies, a banking technology provider, has affected nearly 300 small Indian banks. The attack has temporarily shut down payment systems, impacting customers' access to services. The National Payment Corporation of India (NPCI) has isolated C-Edge from the retail payments system as a precautionary measure. The incident follows recent warnings from the Reserve Bank of India (RBI) and cybersecurity authorities about potential cyber threats. An investigation is underway to resolve the issue and restore services. NPCI is working to minimize the disruption and ensure secure payment processing.