TIL Desk/Business/Mumbai-Three financial institutions, including the BSE, have faced cyber attacks in the last three months. Several banks have faced an increase in some form of cyber attack or security breach in recent times. Axis Bank recently informed the Reserve Bank of India (RBI) that it had experienced a cyber attack, while the State Bank of India said it was re-issuing over 600,000 debit cards because of a potential security breach.
In some of these, a virus or malware blocks the system, which can be accessed only after a ransom is paid. “Software viruses were found in three personal computers at the BSE in August, which were identified, separated and quarantined immediately,” said the exchange. “The viruses did not have any impact on the working of the BSE or any of its departments. The viruses have also not been found to have affected other PCs.
The incident was reported to regulatory agencies as part of routine compliance reporting,” the exchange added. Sources said similar attacks had occurred at the National Payments Corporation and HDFC Bank. However, HDFC Bank and NPCI said that they had not experienced any specific ransom malware threat. Axis Bank has hired EY to investigate the cyber attack that it had experienced.
