Ransomware Attack

Customers of around 300 small-sized lenders, including cooperative and regional rural banks, have been unable to access payment services like ATM withdrawals and UPI due to a ransomware attack at technology service provider C-Edge Technologies.
C-Edge Technologies is a joint venture between SBI and TCS.
The attack had affected Brontoo Technology Solutions, a key collaborator of C-Edge Technologies, and was carried out by a ransomware group called RansomEXX, according to a report by cyber-security firm CloudSEK.
The issue has persisted for the past two days following the discovery of a system breach at C-Edge.

Dig Deeper: Read about recent Ransomware attacks on AIIMS, DRDO and Tata Power along with India’s Cyber Security Preparedness.

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