Ransomware attack: RBI asks banks to update ATM software systems

  • Ransomware attack: RBI asks banks to update ATM software systems
16-05-2017 | Pratidin Bureau. |

Cyber experts on Tuesday said the Indian banking system could be the next victim of the WannaCry “ransomware” cyber attack.
The Reserve Bank of India (RBI) has asked banks to update software systems at their ATMs with a security patch released by Microsoft Corp. as a precautionary measure in the wake of the ransomware attack triggered by the WannaCry virus.
Ministry of Home Affairs sources said some ATMs all over the country have been closed down as a preventive step following concerns against the virus attack.
MHA officials are closely monitoring the situation.
The RBI has issued an advisory asking all banks to put in place a software update at ATMs to prevent their systems from a malware that has attacked payment systems across the world.
Over 60% of the 2.25 lakh ATMs in India use an outdated Windows XP, cyber expert said.
The international cyber attack was orchestrated using a malware called Wanna Decryptor or WannaCry. With this extortionist “ransomware”, hackers blocked access to files by encrypting the data.
Cyber security researchers on Monday found possible North Korea links to the massive WannaCry “ransomware” cyber attacks that first started on May 12.


Tags : Ransomware attack RBI India ATM WannaCry

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