Fortifying Finance: NSE Launches ‘Cyber Swachhta Kendra’ to Shield Stock Markets from Cyber Risks

MUMBAI: In response to the escalating global cyber threat landscape, the National Stock Exchange (NSE) has initiated a pivotal step to protect the integrity of India’s stock trading industry. Stockbrokers meeting specific criteria, particularly those with over 50,000 active traded clients and offering Internet-Based Trading platforms, have been called upon to onboard themselves onto the newly established ‘Cyber Swachhta Kendra’ (CSK) platform by November 6, 2023.

Responding to the Rising Wave of Cyber Attacks

The NSE, in a statement released on October 16, highlighted the increasing prevalence of cyber attacks across the world, underscoring the profound impact of these incidents on businesses and the compromise of sensitive data through malware infections at endpoint computing devices.

The statement read, “In recent times, there has been a surge in cyber-attacks in organizations across the globe impacting the continuity of their business operations and causing sensitive data leakage through malware infections at endpoint computing devices. To mitigate such malware and botnet infections, CERT-In has launched an initiative named ‘Cyber Swachhta Kendra’ (CSK), which provides information and enables organizations to disinfect the computing devices using free-of-cost malware and botnet cleaning tools.”

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Who Should Onboard?

Stockbrokers fitting the description of having more than 50,000 active traded clients and delivering Internet-Based Trading services are required to onboard themselves onto the CSK platform. However, the NSE statement also extended the invitation to other members who may not meet these criteria, allowing them to voluntarily subscribe to the services of CSK.

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The Onboarding Guidelines

For those stockbrokers required to onboard, the NSE has specified several key details that must be submitted to CSK at the email address “csk@cert-in.org.in.” These details include:

1. Member ID
2. Member Name
3. Registered and Correspondence address
4. Details of the number of data centres and their locations
5. Name and contact details (email ID and postal address) of the Chief Information Security Officer/ Chief Information Officer (CISO/CIO)
6. All Public IP address ranges used by the respective organization (data center, branches, etc.) in CIDR notation (Classless Inter-Domain Routing – CIDR)
7. Details of a dedicated point of contact/email ID for receiving automated email notifications from “Cyber Swachhta Kendra” on a daily basis

How to Connect with Cyber Swachhta Kendra

Trading members looking to engage with CERT-In Cyber Swachhta Kendra can do so through the following means:

• Email Address: csk@cert-in.org.in
• Contact Number: 1800-11-4949

This significant development aims to strengthen the cybersecurity infrastructure of the stock trading industry, ensuring the protection of sensitive data and business continuity in the face of the escalating cyber threat landscape. Stockbrokers are urged to comply with the guidelines and take the necessary steps to safeguard their operations and clients from potential cyber threats. The NSE’s proactive approach underscores its commitment to maintaining the integrity of India’s financial markets in an era of growing cyber

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