Ahmedabad/Mumbai45 minutes ago
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Technology service provider C-Edge Technologies was cyber attacked on Wednesday night. Due to this, banking operations of about 300 small banks and financial institutions across the country have come to a halt. Customers are not able to withdraw cash from ATMs. At the same time, problems are also being faced in transferring money through UPI.
There is a problem in the payment system since last two days
Officials said the technical problem affected customers of cooperative banks and rural regional banks that depend on SBI and TCS’ joint venture C-Edge Technologies. However, other banking services are working normally.
This problem has been faced for the last two days after the breach in the system of C-Edge Technologies was detected. He said that to protect the large payment system, the C-Edge system had to be isolated and necessary precautions had to be taken.
Ransomware means digital ransom
Ransomware is a type of malware that enters your computer and gains access. It encrypts all your files. It demands ransom in exchange for returning the data and access.
In simple terms, this can be understood as kidnapping. A robber takes control of your system and data and asks for ransom in return. After paying the ransom, he can either return your data or destroy it.
First case of ransomware
According to the Becker’s Hospital Review website, the world’s first ransomware attack happened in 1989. It was carried out by AIDS researcher Joseph Pope. Joseph distributed 20 thousand floppy disks in 90 countries of the world. He said that this disk contains an analysis of the dangers of AIDS. The disk also contained a malware program, which became active in all those computers. At that time, a ransom of $189 was demanded in exchange for the data. This ransomware attack is known as AIDS Trojan.
Major ransomware attacks in India
- In May 2017, dozens of countries across the world were attacked by WannaCry ransomware, in which more than 2 lakh computer systems were affected. India was also included in this. Hackers had promised to deposit 300 to 600 dollars by locking the computer system. The American healthcare system was the most affected in this attack.
- It was March 22, 2018. A message flashed on the computer of the head office of Uttar Haryana Bijli Vitran Nigam in Panchkula. It said that your system has been hacked. In return, a demand of Rs 1 crore was made, which was to be deposited in Bitcoin. However, the corporation restored the system within a week. There was no mention of any ransom being paid.
- On 29 April 2019, Telangana and Andhra Pradesh State Power Utilities were attacked by ransomware. Due to this, hackers took control of their systems and many services were affected. The Additional DCP of Cyber Crime had said at that time that the hackers demanded ransom in Bitcoins, but they would restore the system even without paying the money. The system was restored in a few days.
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