Customers of several small-sized banks affected as tech provider C-Edge suffers ransomware attack

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The impact was felt by customers of cooperative banks and regional rural banks which depend on C-Edge, a joint venture between SBI and TCS, said officials.

If all goes to plan, the system should be running by Thursday morning or afternoon, he added.

He said banks have been suffering since July 29, and the software company’s officials are calling it a technical fault.

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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: India

Topics: Ransomware System Policy Been Customers Services Cooperative Banks Privacy C-edge Payments

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 06:42:59 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 404 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 21882880

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 21 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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