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HomeBlogNPCI restores network after cyberattack on rural bks - Times of India

NPCI restores network after cyberattack on rural bks – Times of India

MUMBAI: The National Payments Corporation of India has restored connectivity with its electronic payments systems for C-Edge Technologies. The company – a technology service provider for over 200 cooperative and regional rural banks – was quarantined from the payment systems after it reported a ransomware attack. The isolation cut off banking services for customers of the over 200 entities whose core systems were being handled by C-Edge.
NPCI said that the restoration of services followed a security review by an independent forensic auditing firm.”Investigation confirms that the impacted systems have been isolated by C-Edge to contain potential spread of the ransomware. Further, necessary security reviews and scans have been conducted by the auditor to ensure that the rest of the infrastructure is clean,” NPCI said.
The apex payment body said that the ransomware impact was limited to C-Edge systems hosted in their data centre and did not affect any co-operative banks or regional rural banks’ own infrastructure.

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