RBI urge banks to follow CERT-In instructions on WannaCry attack

RBI has asked banks to follow the instructions of government organisation CERT-In to prevent the attack by ransomware, ‘WannaCry’, which has impacted various IT networks in over 150 countries.

CERT-In, wannacry, cyber crime, security, RBI, banks, India

Indian Computer Emergency Response Team (CERT-In) has come out with list of dos and don’ts and webcast on how to protect networks from the global ransomware attack. It has been reported that a new ransomware ‘WannaCry’ is spreading widely, RBI advisory to the banks informed.

The Reserve Bank of India (RBI) also asked 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. In a separate malware attack last year, 3.2 lakh debit card were compromised in the country.

According to reports Automated Teller Machines (ATMs) are highly vulnerable to such malware attacks as they presently run on old version of Microsoft‘s Windows operating system, making a software security patch update a necessary exercise.There are a total of 2.2 lakh ATMs in India, of which many old ones run on Windows XP.

- Advertisement -

Over the weekend, the ransomware has hit systems in more than 150 countries, including Russia and the UK, in one of the most widespread cyber attacks in history. It infected computers running on older versions of Microsoft operating systems like XP, locking access to files on the computer.The cyber criminals have demanded a fee of about $300 in crypto-currencies like Bitcoin for unlocking the device.

The Ministry of Electronics and Information Technology (MeitY) had said yesterday that a few systems of the Police Department in Andhra Pradesh were impacted and that the state government has been informed to follow the advisory by the CERT-In.

By Baishakhi Dutta

- Advertisement -
Loading form…

Industry's Buzz

Prime Minister Modi

Modi Flags 6G And Domestic Electronics Production At IMC 2026

0
Prime Minister Narendra Modi has outlined India's next telecom priorities at India Mobile Congress 2026, linking the 5G-to-6G roadmap with semiconductor production, domestic electronics...
Fujitsu

Fujitsu-Owned 1Finity Deploys 200+ Engineers To Expand India’s Optical Networking Business

0
Japan’s Fujitsu-owned 1Finity is expanding its India networking business with more than 200 engineers as AI and data-centre growth drives demand for optical networking...
Mivi factory

Mivi Targets Indigenous Smartphone Design With In-House Electronics Engineering

0
Indian consumer electronics brand Mivi aims to develop an indigenously designed smartphone within 12 months by building in-house circuit design, PCB and software engineering...
GlobalFoundries logo

GlobalFoundries and TSMC Partner on US Interposer Production for CoWoS

0
Five-year agreement expands Malta, New York fab to create domestic supply chain for high-performance AI chips. GlobalFoundries (GF) has reached an agreement with TSMC to...

Vietnam Plans US$136.3 Billion Investment in Power Generation and Grids by 2030

0
The revised plan also targets 10,000–16,300 MW of battery energy storage capacity by 2030 Vietnam is planning investments of approximately US$136.3 billion in power generation...

Learn From Leaders

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

India Needs Not a Hundred, But Thousands of Chip Diversified Companies 

0
Can India build a semiconductor ecosystem beyond fabs? Indiesemic believes thousands of diversified chip companies are needed to make that possible. India’s semiconductor push is...

Startups

PowerMon

Aquaexchange Brings Monitoring And Automation To Shrimp Farming

0
The startup has developed an AI- and IoT-enabled platform that helps shrimp farmers manage farms, access financing, monitor operations, and connect with markets. The startup...

Drone-Like Aircraft For Logistics From BluJ Aerospace

0
Hyderabad-based BluJ Aerospace is developing indigenous electric and hydrogen-powered vertical take-off and landing (VTOL) aircraft for remote cargo transport. BluJ Aerospace, a Hyderabad-based aerospace startup...
Jash Jetly, Co-founder and CEO of EVE

“The cloud isn’t the only way to run AI. We’re proving it can happen...

0
A startup is building a decentralised AI and communication network that runs across everyday devices instead of centralised cloud servers. In an interview, Jash...
Mohit Gupta, founder and CEO, TYLsemi

Building AI Chips, One Block at a Time 

0
What if building an AI chip became as simple as assembling reusable blocks? The startup is working to make custom silicon accessible beyond the...
Seema Johar, Co-Founder and Product Director, Compcarta Solutions Pvt Ltd

“We Let Designers Focus on Innovation, Not Infrastructure.”- Seema Johar, Compcarta Solutions

0
In an exclusive interview, Seema Johar of Compcarta speaks with EFY’s Akanksha Sondhi Gaur about why setting up an EDA environment can be harder...