New Delhi [India]: The Computer Emergency Response Team of India (CERT-In) has issued a high-alert cyber threat advisory, warning of an ongoing campaign targeting Indian organizations, with a specific focus on the Banking, Financial Services, and Insurance (BFSI) sector.
In a release issued by the Bombay Stock Exchange (BSE) on Wednesday, it was revealed that CERT-In has flagged risks such as ransomware, supply chain attacks, DDoS campaigns, website defacements, and malware intrusions. Market participants, especially in the financial sector, have been advised to tighten cybersecurity measures.
BSE’s Precautionary Recommendations:
- Review and ensure alignment with SEBI’s CSCRF guidelines (issued August 20, 2024).
- Conduct comprehensive risk assessments and patch vulnerabilities.
- Strengthen security monitoring and incident response systems.
- Actively utilize threat intelligence from CERT-In and NCIIPC.
- Report any suspicious activities or breaches promptly to exchanges and regulators.
Market Outlook:
Despite cybersecurity warnings and regional tensions with Pakistan, Indian stock markets opened on a positive note Thursday morning.
- Nifty 50: Opened at 24,431.50, up 17.10 points (0.07%)
- BSE Sensex: Opened at 80,912.34, up 165.56 points (0.21%)
Market analysts attribute this resilience to:
- Continued optimism around the India-UK trade agreement,
- A stable global interest rate environment, and
- Investor confidence in India’s economic trajectory.
As tensions persist on geopolitical and cyber fronts, both security vigilance and market performance are being closely watched.