Business

Exclusive: NSE & BSE Block International Access Amid Surging Cyberattack Threats

Under Siege: India's Financial Giants Take Action

In a bold move to safeguard their digital infrastructure, India's premier stock exchanges, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), have restricted website access from international locations. This decision comes in the wake of detecting millions of cyberattacks targeting their platforms in recent days.

Under cyberattack, NSE & BSE curb website access from abroad

Strategic Response to Cyber Threats

Only select IP addresses belonging to clients of the exchanges have been whitelisted, allowing limited access from abroad. The exchanges are collaborating with government cybersecurity agencies to mitigate these threats effectively. Despite these restrictions, trading activities by foreign investors remain unaffected, ensuring the market's stability.

Behind the Scenes: A Joint Effort

Following attempts to breach one of the exchanges' websites, top officials convened to strategize their response. The temporary measure to block international access is part of a dynamic monitoring process, with access being restored on a case-by-case basis as threats are assessed and neutralized.

Keeping the bourses safe

No Data Compromised

Assurances have been made that no data loss or breach of cybersecurity defenses has occurred. The exchanges are committed to restoring full access once the threat level diminishes, highlighting the temporary nature of these protective measures.