Ransomware Strikes Brokerage Houses: How Microscan Ensures Compliance with SEBI CERT-In CISA Certification

A ransomware attack on a shared data center has disrupted operations for 16 major brokers, including IIFL Securities, 5 Paisa, and Axis Securities. The attack exposed vulnerabilities in shared infrastructure, halted trading activities, and created fears of compromised client data.?

This incident is a wake-up call for brokers and financial institutions relying on shared data centers: Are your systems secure enough to withstand a similar attack??

Microscan Communications is here to ensure they are.?

The Cost of Insecurity?

The affected brokers were blocked by leading exchanges and had to secure certification from Certified Information Systems Auditors (CISA) to regain access. Here’s what was at stake:?

• Client Data Risks: Exposure of sensitive information could lead to severe reputational and financial damage.?

• Lost Revenue: Trading downtime directly impacts your bottom line.?

• Compliance Pressure: SEBI mandates strict cybersecurity audits, leaving no room for error.?

Microscan Communications: Your Partner in Resilience?

At Microscan Communications, we understand the critical role of cybersecurity and reliable infrastructure in your operations. Our comprehensive solutions protect your business from threats while ensuring compliance with SEBI norms.?

Advanced Cybersecurity Services?

• System Health Check Audits: Conducted by CERT-In empaneled CISA auditors to identify vulnerabilities and ensure systems are ransomware-free.?

• Vulnerability Assessments and Penetration Testing (VAPT): Preventive measures to safeguard your systems against cyber attacks.?

• Managed SOC as a Service: Real-time monitoring and rapid incident response for robust threat management.?

Infrastructure Services to Strengthen Operations?

• Rack Space in 63 Moons: Secure colocation for your servers and critical equipment.?

• Connectivity Solutions: Ultra-low latency connections and High-performance interlinks between MCX, FT, and other key exchanges.?

• Cross-Connect Solutions: Reliable and Secure Cross Connections for seamless operations.?

• Internet Leased Line (ILL) Links: Reliable, high-speed connectivity to power your trading activities.?

Why Choose Microscan Communications ??

With our expertise in Connectivity Solutions, Cybersecurity and Managed IT services, Microscan Communications empowers brokers to protect their infrastructure, secure client data, and meet regulatory compliance. We help you stay ahead of threats, ensuring that your business runs without disruption.?

Act Now: Prevention is Better Than Cure?

The recent ransomware attack proves that cyber threats are real and imminent. Can you afford to wait? Every moment of inaction puts your operations, data, and reputation at risk.?

Contact Microscan Communications today to schedule a system health check audit and take the first step toward securing your future- https://www.microscancommunications.com/contact-us?