EPISODE · Feb 22, 2026 · 14 MIN
When Your Vendor Gets Hacked: The C-Edge Ransomware Attack That Shut Down 300 Banks
from Bank Case Files: Shocking Fraud Cases Every Banker Must Know · host PK Tutor
In this episode, we deep-dive into one of India’s most critical third-party cyber attacks — the C-Edge Technologies ransomware incident, which disrupted payment services across nearly 300 cooperative and rural banks.The attack did not start inside a bank. Instead, it entered through a technology vendor, exploiting a misconfigured server and an unpatched vulnerability, proving a harsh truth: your security is only as strong as your weakest vendor.🎧 In this episode, you’ll learn:What is a third-party / supply-chain cyber attackHow the C-Edge ransomware attack actually happenedWhy UPI, NEFT & RTGS services went down across IndiaHow attackers exploit vendor systems instead of banksWhy no customer money was stolen — yet impact was massiveLessons from global vendor breaches (DBS & Bank of China)How RBI’s 2026 IT Outsourcing Rules change banking foreverWhat banks, fintechs & IT teams must do to manage vendor riskThis episode is essential for bank officers, IT teams, fintech founders, auditors, cybersecurity professionals, and students, highlighting why vendor risk is now systemic risk.🚨 Remember: A secure bank can still fail if its vendor is compromised.
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When Your Vendor Gets Hacked: The C-Edge Ransomware Attack That Shut Down 300 Banks
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