NPCI Isolated C-Edge Technologies From Accessing Retail Payment Systems
FinTech BizNews Service
Mumbai, August 1, 2024: It has been brought to NPCI’s notice that C-Edge Technologies Ltd, a technology service provider who caters mostly to cooperative and regional rural banks, has been possibly impacted by a Ransomware attack impacting a few of their systems. To prevent larger impact to the payment ecosystem, NPCI has temporarily isolated C-Edge Technologies from accessing the retail payment systems operated by NPCI. Customers of banks serviced by CEdge will not be able to access payment systems during the period of isolation. Restoration work is underway on a war-footing along with C-Edge Technologies and necessary security review is in process. Connectivity to the affected banks shall be restored at the earliest.
