Cyber Attack on Banks: There has been a cyber attack on technology service provider C-Edge Technologies. Due to this, banking operations of about 300 small banks and financial institutions across the country have come to a standstill. Even customers are not able to withdraw money from ATMs. At the same time, problems are also being faced in transferring money through UPI.
Officials have given information in this matter. According to media reports, these technical problems have not affected the customers of cooperative banks and rural regional banks, which depend on SBI and TCS’s joint venture C-Edge Technologies. However, other banking services are running normally.
Actually, this problem is being faced since the last two days after the hacking of the system of C-Edge Technologies was detected. According to the officials, the C-Edge system had to be isolated for the security of the big payment system. Along with this, necessary precautions have also been taken. Dilip Sanghani, Chairman of National Cooperative Union of India, said that about 300 banks across the country, including 17 district cooperative banks of Gujarat, are facing problems since the last two-three days. He said that the banks are facing problems since July 29 and the officials of the software company are calling it a technical fault.
What is Ransomware?
Actually, ransomware is a type of malware that enters your computer and gains access. It encrypts all your files. It also demands ransom in exchange for returning the data and access.
When did major ransomware attacks occur in India?
In May 2017, dozens of countries around the world were attacked by WannaCry ransomware. More than 2 lakh systems were affected. India was also included in this. Hackers had locked the computer system and asked for 300 to 600 dollars. The American healthcare system was the most affected in this attack.
After this, on 22 March 2018, a message came on the computer of North Haryana Bijli Vitran Nigam’s Panchkula head office. The message said that your computer has been hacked. In return, a demand of Rs 1 crore was made, which had to be deposited through bitcoin. However, the corporation restored the system within a week.
After this, in the year 2019, on April 29, there was a ransomware attack on Telangana and Andhra Pradesh State Power Utility. After this, hackers took complete control of the system and demanded ransom through bitcoin. However, the system was later restored.
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