look news india
Cyber attack on banks: Technology service provider C-Edge Technologies has been cyber attacked. Due to this, banking operations of about 300 small banks and financial institutions across the country have come to a standstill. Customers are also not withdrawing money from ATMs. Along with this, there are also problems in transferring money through UPI. Officials have given information in this regard. According to media reports, these technical problems have not affected the customers of cooperative banks and rural area banks, which depend on C-Edge Technologies, a joint venture of SBI and TCS. However, other banking services are running normally.
Actually, C-Edge Technologies is facing this problem for the last two days as a glitch has been found in its system. According to officials, the C-Edge system had to be isolated to protect the large payment system. Along with this, necessary precautions have also been taken. Dilip Sanghani, President of National Cooperative Union of India, said that about 300 banks across the country, including 17 district cooperative banks of Gujarat, are facing problems for the last two-three days. He said that banks are facing problems since July 29 and officials of the software company are calling it a technical glitch.
Basically, ransomware is a type of malware that gains access and access to your computer. It encrypts all your files. It also demands ransom for data return and access.
When did major attacks happen in India?
In May 2017, WannaCry ransomware attacked dozens of countries around the world. More than 2 lakh systems were affected. This included India as well. Hackers locked computer systems and asked for $300 to $600. The US health care system was the most affected in this attack.
After this, on 22 March 2018, a message came on the computer of the head office of Uttar Haryana Bijli Vitran Nigam in Panchkula. The message said that your computer has been hacked. In return, a demand of Rs 1 crore was made, which was to be deposited through bitcoin. However, the corporation restored the system within a week.
This was followed by a ransomware attack on Telangana and Andhra Pradesh state power utilities on April 29, 2019. The hackers then took over the system completely and demanded ransom via Bitcoin. However, the system was later restored.
