Major brokerage firms compromised by ransomware attack

A ransomware attack on India-based Comtel Group’s data centre has compromised the security of around 16 brokerage firms, including IIFL Securities Ltd., 5Paisa Capital Ltd., and Axis Securities Ltd. Business Today reported. As a result, the The Multi Commodity Exchange of India Ltd. and National Stock Exchange of India Ltd. have blocked these brokers until they obtain certification from auditors confirming their systems are secure.