Indian Brokerage Firms Targeted by Ransomware Attacks: Demands Reach Up to 60 Crore Rupees

#RansomwareAttacks #IndianBrokerages #CyberThreats

Date Reported: 2024-12-09
Country: India
Victim: Multi Commodity Exchange | mcxindia.com
Additional Information :

• At least six Indian brokerage firms have fallen victim to ransomware attacks in the past six months.
• Ransom demands have reached as high as 60 crore rupees.
• The most recent attack targeted the Multi Commodity Exchange in early December 2024.
• The rise in ransomware incidents highlights increasing cybersecurity threats in the financial sector.

Article: https://www.fortuneindia.com/investing/exclusive-indian-brokerages-hit-by-ransomware-amid-rising-cybersecurity-threats/119818