India
IND
Ransomware at C-Edge disrupts retail payments for hundreds of Indian banks
A ransomware incident affecting C-Edge Technologies caused India's National Payments Corporation to isolate the banking technology provider from national retail payment systems. Customers of banks serviced by C-Edge temporarily lost access to payment systems, affecting nearly 300 cooperative and regional rural banks before connectivity was restored.
84
Estimated severity
84 / 100
97
Source reliability
97 / 100
Approximate Date
31/07/2024
Targeted Company
C-EDGE TECHNOLOGIES
Targeted Company Supply Chain Impact
Distribution & Fulfillment
Procurement & Sourcing
Production & Manufacturing
Sales (Retail & Ecommerce)
Warehousing
Service Delivery
Unrecognized Impact
Supply Chain Relations
No information
Geographic Impact
Country Targeted Company
Other Affected Countries
No other affected countries reported
Target country
India
Affected countries
India
Impacted regions
No information
Operational Impact
Duration
1 day
Financial impact (USD M)
No information
Impact types
Service unavailabilityDownstream customer disruption
Affected sectors
Technology & IT Services
Affected departments
Information Technology
Attack Profile
Attack types
Ransomware
Attributed threat actors
No information
Sources
Incident Sources
npci.org.inhttps://www.npci.org.in/PDF/npci/press-releases/2024/NPCI-Press-Release-Interruption-in-Retail-Payments.pdfreuters.comhttps://www.reuters.com/technology/cybersecurity/ransomware-attack-forces-hundreds-small-indian-banks-offline-sources-say-2024-07-31/reuters.comhttps://www.reuters.com/technology/cybersecurity/small-indian-banks-back-online-after-ransomware-attack-payments-authority-says-2024-08-01/ndtv.comhttps://www.ndtv.com/india-news/ransomware-attack-on-tech-service-provider-shuts-down-payment-systems-of-300-small-banks-across-india-news-agency-reuters-6234160