Thursday , June 5 2025
banking

Ransomware Attack Forces 300 Indian Banks To Temporarily Stop Payment Systems

A ransomware attack on a tech provider has caused payment systems in nearly 300 local Indian banks to temporarily shut down, according to two reliable sources.

The attack affected C-Edge Technologies, a provider of banking technology systems to small banks across the country, they said.

CVSS 9.6: IBM QRadar & Cloud Pak Security Flaws Exposed

IBM has issued a security advisory for vulnerabilities in its QRadar Suite Software and Cloud Pak for Security platforms. These...
Read More
CVSS 9.6: IBM QRadar & Cloud Pak Security Flaws Exposed

ALERT
Thousands of IP addresses compromised nationwide: CIRT warn

As Bangladesh prepares for the extended Eid-ul-Adha holidays, the BGD e-GOV Computer Incident Response Team (CIRT) has issued an urgent...
Read More
ALERT  Thousands of IP addresses compromised nationwide: CIRT warn

New Android Malware ‘Crocodilus’ Targets Banks in 8 Countries

In March 2025, the Threatfabric mobile Threat Intelligence team identified Crocodilus, a new Android banking Trojan designed for device takeover....
Read More
New Android Malware ‘Crocodilus’ Targets Banks in 8 Countries

Qualcomm Patches 3 Zero-Days Used in Targeted Android Attacks

Qualcomm has issued security patches for three zero-day vulnerabilities in the Adreno GPU driver, affecting many chipsets that are being...
Read More
Qualcomm Patches 3 Zero-Days Used in Targeted Android Attacks

Critical RCE Flaw Patched in Roundcube Webmail

Roundcube Webmail has fixed a critical security flaw that could enable remote code execution after authentication. Disclosed by security researcher...
Read More
Critical RCE Flaw Patched in Roundcube Webmail

Hacker claim Leak of Deloitte Source Code & GitHub Credentials

A hacker known as "303" claim to breach the company's systems and leaked sensitive internal data on a dark web...
Read More
Hacker claim Leak of Deloitte Source Code & GitHub Credentials

CISA Issued Guidance for SIEM and SOAR Implementation

CISA and ACSC issued new guidance this week on how to procure, implement, and maintain SIEM and SOAR platforms. SIEM...
Read More
CISA Issued Guidance for SIEM and SOAR Implementation

Linux flaws enable password hash theft via core dumps in Ubuntu, RHEL, Fedora

The Qualys Threat Research Unit (TRU) found two local information-disclosure vulnerabilities in Apport and systemd-coredump. Both issues are race-condition vulnerabilities....
Read More
Linux flaws enable password hash theft via core dumps in Ubuntu, RHEL, Fedora

Australia enacts mandatory ransomware payment reporting

New ransomware payment reporting rules take effect in Australia yesterday (May 30) for all organisations with an annual turnover of...
Read More
Australia enacts mandatory ransomware payment reporting

Why Govt Demands Foreign CCTV Firms to Submit Source Code?

Global makers of surveillance gear have clashed with Indian regulators in recent weeks over contentious new security rules that require...
Read More
Why Govt Demands Foreign CCTV Firms to Submit Source Code?

C-Edge Technologies did not respond to an email seeking comment.

The Reserve Bank of India, the country’s banking and payment system regulator, did not respond to Reuters’ request for comment.

The National Payment Corporation of India (NPCI), an authority that oversees payment systems, in a public advisory issued late on Wednesday, said that it had “temporarily isolated C-Edge Technologies from accessing the retail payments system operated by NPCI”.

“Customers of banks serviced by C-Edge will not be able to access payment systems during the period of isolation,” the NPCI said.

Nearly 300 small banks have been isolated from the country’s broader payment network to prevent any wider impact, the sources, who are officials at a regulatory authority, said.

“Most of these are small banks and only about 0.5 per cent of the country’s payment system volumes would be impacted,” said one of the sources.

India has nearly 1,500 smaller banks which are mostly located outside of major cities.

NPCI is conducting an audit to ensure that the attack does not spread, the second source said.

The RBI and the Indian cyber authorities have issued warnings to Indian banks about potential cyber attacks in recent weeks, according to banking industry sources and the first source said.

Source: Reuters, DW

Check Also

Evaly

Evaly E-commerce Platform Allegedly Hacked

Evaly, a Bangladeshi e-commerce platform, is reportedly facing a major data breach that may have …

Leave a Reply

Your email address will not be published. Required fields are marked *