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NPCI cuts off hundreds of banks over IT vendor ransomware attack

In a statement, NPCI said core banking vendor C-Edge had “possibly” had its systems affected by a ransomware attack.

“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.”

Connectivity was reestablished the following day following a review by an independent forensic auditing firm, which found that the impact was limited to C-Edge systems hosted in its data centre and did not touch any bank infrastructure.