Indian banking system under major ransomware attack, many banks turn offline, NPCI halts services

A ransomware attack on a technology service provider has forced payment systems across nearly 300 small Indian local banks to shut down temporarily, news agency Reuters reported citing sources. The attack affected C-Edge Technologies, a provider of banking technology systems to small banks across the country, they said. The Reserve Bank of India, the country’s banking and payment system regulator, did not respond to Reuters' request for comment.