Ransomware Attack On Service Provider Hits 300 Small Banks Across India

A ransomware attack on a technology service provider has forced payment systems across nearly 300 small local banks in India to shut down temporarily, two sources directly aware of the matter told Reuters.

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

C-Edge Technologies did not respond to an email seeking comment. The Reserve Bank of India did not respond to Reuters' request for comment.