Tuesday, October 22, 2024

Ransomware strike: 200+ cooperative, rural banks face outage after malware attack

Thursday, August 1, 2024, 0:07
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Over 200 cooperative and regional rural banks faced outages due to a ransomware attack on their core banking provider, C-Edge Technologies. NPCI temporarily isolated C-Edge from its payment system to mitigate the impact. Restoration efforts are ongoing, with security reviews and forensic audits being conducted to ensure a swift resolution.

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