Ransomware Attack: NPCI Connectivity With C-Edge Technologies Re-Established

National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India, has said it has re-established the connectivity with C-Edge Technologies Ltd. The Corporation said this has been done following security review by an independent forensic auditing firm.

C-Edge Technologies Ltd is a technology service provider who caters mostly to cooperative and regional rural banks.

Yesterday, the NPCI temporarily isolated C-Edge Technologies from accessing the retail payment systems operated by the corporation after the network was ‘possibly’ impacted by a Ransomware attack impacting a few of their systems.

NCPI has also said investigation confirms that the impacted systems have been isolated by C-Edge to contain potential spread of the ransomware. Further, it added that, necessary security review and scans have been conducted by the auditor to ensure that rest of the infrastructure is clean.

“The impact was limited to C-Edge systems hosted in their data center and not on any of the co-operative banks or regional rural banks’ own infrastructure. The services of co-operative banks and regional rural banks, which were dependent on C-Edge, have now been restored. With this, respective banks shall be able to offer full range of services seamlessly to their customers, as it was before,” a statement from NPCI said.

Reuters, on Tuesday, reported a ransomware attack on C-Edge Technologies, a key service provider, has temporarily disrupted payment systems across nearly 300 small local banks in India. The incident led to these banks being isolated from the broader payment network to prevent further damage.