City
Epaper

Cyber attack has paralysed digital operations in cooperative banks, claims Gujarat Congress

By IANS | Updated: July 31, 2024 18:20 IST

Ahmedabad, July 31 The Gujarat Pradesh Congress Committee claimed on Wednesday that a massive cyber attack has paralysed ...

Open in App

Ahmedabad, July 31 The Gujarat Pradesh Congress Committee claimed on Wednesday that a massive cyber attack has paralysed digital operations in the state's cooperative banking sector, affecting transactions worth over Rs 5,000 crore.

Party spokesperson Hemang Raval claimed that the digital services in the Gujarat State Cooperative Bank, 13 district banks, and approximately 150 urban banks have been disrupted for the past three days.

Raval highlighted that all digital transactions, including NEFT, RTGS, UPI, PhonePe, Google Pay, and Paytm, have been “non-functional for the last 72 hours due to the cyber attack”. He criticized the bank authorities for not explaining and leaving customers in the dark about the extent of the breach and the measures being taken.

Despite the substantial investment in cyber security systems and servers, which was reported to be three times the usual cost, the Congress spokesperson raised concerns about the “subcontracted software company's ties to relatives of influential figures associated with the banks”. Raval urged the “authorities to investigate this connection and hold the responsible parties accountable to restore customer trust”.

He called on the “Gujarat government to assure account holders that their funds are secure and to take swift action to restore normalcy.” Given the severity of the situation, Raval also emphasized the need for immediate intervention by the Ministry of Finance and the Reserve Bank of India.

Customers have reportedly lodged numerous complaints but have not received satisfactory responses from the banks. Raval stressed that the “government and relevant financial authorities must resolve the crisis and ensure the safety and security of the affected account holders' funds”.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Cricket"You should have (Digvesh) Rathi's confidence in you": LSG's Ravi Bishnoi praises young spinner

InternationalPakistan: Court sentences main accused in Imran Khan attack case to life in prison

InternationalSenior Hamas delegation arrives in Cairo to hold talks with Egyptian officials for ceasefire agreement

MumbaiMumbai: BTech Student Among Three Held for Duping Trader of Rs 15 Lakh

NationalPoster controversy: Police disperse protestors in Jaipur, say situation under control

National Realted Stories

NationalGujarat: Vadodara woman duped of Rs 5.61 lakh in visa scam, complaint filed

NationalRetaliatory actions against Pak reflect India’s strong policy against those promoting terror: Raksha Khadse

NationalMP: CM holds meeting on law and order, identified 228 Pak citizens to leave nation by Sunday

NationalRoad rage case: K’taka HC restrains police from initiating coercive action against IAF wing commander

NationalBihar: Senior IAS officer KK Pathak relieved, set to join Central govt