Stock exchange BSE India, on Wednesday, advised market participants to take precautionary measures on potential cyber risks
The circular from BSE cited an advisory from Indian Computer Emergency Response Team (CERT-In) highlighting on cyber threat campaign specifically targeting Indian organisations operating within the Banking, Financial Services, and Insurance (BFSI) sector.
Banks have also tightened their cyber security network to ward off any cyber threat in the wake of India launching missile attacks on Pakistan and Pakistan-occupied Kashmir.
The Banking sector have also improved their security at the branches near border areas due to heightened threat of a counter attack.
According to a senior official of another public sector bank, the bank has put in place an anti-cyber attack mechanism in place .
ATM that provide cash transfer have been loaded with fund s in the border areas so that customers there don’t face any crunch, the official added.
In a circular issued on Wednesday, BSE has asked market participants “to take precautionary measures on potential cyber risks, including high-impact cyber-attacks such as ransomware, supply chain intrusions, DDoS attacks, website defacement and malware”
