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Ransomware assault disrupts at the least 150-2 hundred cooperative banks, RRBs

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The assault has possibly impacted a hundred and fifty-2 hundred cooperative banks and RRBs.
The National Payments Corporation of India (NPCI) on Wednesday said that C-Edge Technologies Ltd, a technology service issuer who caters more often than not to cooperative banks and nearby rural banks (RRBs), has been in all likelihood impacted with the aid of a ransomware attack.

The attack has in all likelihood impacted a hundred and fifty-two hundred cooperative banks and RRBs.

“To save you larger effect to the fee surroundings, NPCI has briefly isolated C-Edge Technologies from accessing the retail payment structures operated with the aid of NPCI,” NPCI said on X (formerly Twitter.

Customers of financial institution serviced via C-Edge will no longer be able to get entry to payment systems throughout the duration of isolation, NPCI, the umbrella agency for running retail bills and settlement systems within the usa, stated,

“Restoration paintings is underway on a battle-footing at the side of C-Edge Technologies and vital security review is in procedure. Connectivity to the affected banks shall be restored on the earliest,” it said.

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