Indian government investigates firms at center of global cyber heist

A posting from NBCNEWS in there technology section about Indian’s government investigates firms at center of global cyber heist:  MUMBAI/BANGALORE, May 12 (Reuters) – The Indian government’s cyber watchdog is investigating how security at two companies that are part of the country’s vast IT services industry was breached in a global ATM heist that saw $45 million stolen from two banks in the Middle East.

EnStage Inc, which operates from Bangalore, and ElectraCard Services, based in the Indian city of Pune, processed card payments for the two banks that were hit in the theft, several people familiar with the situation said.

“We are investigating the technical aspect,” Gulshan Rai, director general of the Indian Computer Emergency Response Team (CERT), part of the department of electronics and information technology, told Reuters by phone on Sunday.

“What kind of breach has happened in the system, how did it happen, what processes are in place, and the entire technical aspect we will look at,” he said, adding that the agency had started its investigation on Saturday.

 

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