A Ransomware Attack On A Technology Service Provider Has Forced Payment Systems Across Nearly 300 Small Indian Local Banks To Shut Down Temporarily, Two Sources Directly Aware Of The Matter Said.
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A ransomware attack on a technology service provider has forced payment systems across nearly 300 small Indian local banks to shut down temporarily.
July 31, 2024 | 4:20 pm
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A ransomware attack on a technology service provider has disrupted payment systems for nearly 300 small Indian local banks, which could impact the performance of the iShares MSCI India ETF (INDA).
The disruption in payment systems for a significant number of small Indian banks could negatively impact the financial sector in India, which is a component of the iShares MSCI India ETF (INDA). This could lead to a short-term decline in the ETF's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80