Latest News | CDSL Detects Malware in System; Settlement Activities Affected
Get latest articles and stories on Latest News at LatestLY. Leading depository CDSL on Friday said it has detected malware in few of its internal machines due to which settlement activities were delayed.
New Delhi, Nov 18 (PTI) Leading depository CDSL on Friday said it has detected malware in few of its internal machines due to which settlement activities were delayed.
"As per initial findings, there is no reason to believe that any confidential information or the investor data has been compromised," Central Depository Services (India) Limited (CDSL) said in a regulatory filing to the NSE.
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As a matter of caution, the company immediately isolated the machines and disconnected itself from other constituents of the capital market.
CDSL has reported the incident to the relevant authorities and is working with its cyber security advisors to analyse the impact.
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It further said resolution of the incident is in process, subsequent to which settlement activities would be completed.
CDSL facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on stock exchanges.
It maintains and services over 7 crore demat accounts of investors or Beneficial Owners (BOs) spread across India. These BOs are serviced by CDSL's 580 depository participants from over 20,000 locations.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)