National Payments Corp. of India said on Thursday that connectivity with C-Edge Technologies Ltd. had been restored after a security review following a suspected ransomware attack a day ago. Retail payments were interrupted after NPCI temporarily isolated C-Edge Technologies from accessing systems.
The security review, conducted by an independent forensic auditing firm, confirmed that the impacted systems were isolated to contain the potential spread of the ransomware.
C-Edge Technologies provides banking and finance software solutions and mostly caters to cooperative and regional rural banks.
A necessary security review and scans have been conducted by the auditor to ensure that the rest of the infrastructure remains clean, NPCI said.
"The impact was limited to C-Edge systems hosted in their data centre and not on any of the co-operative banks or regional banks' own infrastructure. The services of co-operative banks and regional rural banks, which were dependent on C-Edge, have now been restored," the agency said.
C-Edge Technologies is a joint venture between Tata Consultancy Services Ltd. and the State Bank of India and functions as a technology, infrastructure and service provider for financial institutions in India and abroad.
RECOMMENDED FOR YOU
UPI Operator NPCI's Profit Zooms To Over Rs 1,100 Crore In FY24
Sep 12, 2024
Easebuzz Partners With NPCI, Launches B2B Invoice Management, Payments Platform
Sep 04, 2024
FedNow To Take Few Years To Connect With Global Payment System, Says Fed Governor Waller
Aug 28, 2024
UPI Payments Interrupted After C-Edge Technologies Affected By Suspected Cyberattack
Jul 31, 2024
POPULAR