National Payments Corporation of India (NPCI) has put out a notice that UPI, IPMS and other payment systems of certain banks will temporarily not be available to customers. This has happened due to systems of C-Edge Technologies, which is a service provider to several banks, being attacked by ‘Ransomware’.
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“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 C-Edge will not be able to access payment systems during the period of isolation,” said NPCI in an notice on social media dated July 31, 2024 at 6.39 pm.
According to NPCI’s notice, C-Edge Technologies Limited is a technology service provider mostly catering to cooperative and regional rural banks. “It has been brought to NPCI’s notice that C-Edge Technologies, 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,” said NPCI in the notice
“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,” said NPCI in the notice.
According to