The National Payment Corporation of India (NPCI) said that nearly 300 banks in the country were hit by a renasomware attack on a tech service company.
NPCI said payment services of these banks, including UPI, IMPI, RTGS and ATM transactions, will experience interruptions.
After C-Edge Technologies, which provides tech services to several banks, was targeted in the attack, the NPCI said it has temporaily isolated the company from accessing its retail payments in order to avoid a larger impact to the broader ecosystem.
C-Edge provides services to various small cooperative and regional banks across India and the 300 affected banks come under this category. These include 17 district cooperative banks in Gujarat. There are around 1,500 such small banks in the country.
NPCI said a security review is underway and it is looking at restoring the services on a war-footing. The affected customers were reportedly alerted regarding the interruptions.
