BSE Urges Market Participants to Strengthen Cybersecurity Amid Rising Threats Following Military Action

New Delhi, May 8 – The Bombay Stock Exchange (BSE) has issued a strong advisory to its trading members and market participants, urging them to take precautionary measures against potential high-impact cyber threats. The advisory comes in the wake of heightened geopolitical tensions following India’s recent military operations under ‘Operation Sindoor’ targeting terror camps in Pakistan and Pakistan-occupied Kashmir.

As per agency report, BSE circulated an official notice emphasizing the need for enhanced vigilance and robust cybersecurity protocols to protect market infrastructure. The notice warned of possible cyber risks including ransomware attacks, supply chain intrusions, Distributed Denial of Service (DDoS) assaults, website defacement, and other malware-driven attacks. The exchange called for strict adherence to standard operating procedures to ensure the continued safety and reliability of the trading ecosystem.

The directive follows a specific cyber threat advisory issued by the Indian Computer Emergency Response Team (CERT-In), which highlighted ongoing campaigns targeting Indian organizations, particularly those in the banking, financial services, and insurance sectors.

In response to these emerging threats, both BSE and the National Stock Exchange (NSE) have reportedly taken precautionary steps such as restricting website access for international users. Additionally, several Indian banks have reinforced their cybersecurity frameworks to counter potential cyber intrusions.

The cyber alert coincides with India’s missile strikes conducted late Tuesday night and early Wednesday morning, targeting nine terror launchpads including the Jaish-e-Mohammed base in Bahawalpur and the Lashkar-e-Taiba facility in Muridke. These military actions were launched in retaliation for the April 22 terrorist attack in Pahalgam, Jammu and Kashmir, which claimed the lives of 26 Indian civilians.

Authorities have called for collective vigilance from all stakeholders in the financial sector to prevent disruption and ensure the integrity of India’s capital markets during this sensitive period.