BSE partners with Lucideus for cyber security

The Bombay Stock exchange (BSE) has signed a Memorandum Of Understanding (MoU) with Lucideus, a leading cyber security provider in India

BSE has taken measure to ward off potential cyber threats and in turn securing stock broker’s interests as per SEBI guidelines. Lucideus will build and provide a Cyber Security Operations Centre (SOC) as a server using its artificial intelligence and machine learning-backed Security Assessment framework for Enterprises (SAFE) solution as per the Cyber Security & Cyber Resilience framework for Stock Brokers/ Depository participants released by SEBI in the previous month.

BSE provides an efficient market for trading in equity, debt instruments, derivatives and for mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME).

On Wednesday, the stock of BSE opened at Rs. 599.90 per share against a close of Rs. 593.55 on the NSE on Tuesday. At 10:04 hours, the stock was trading at Rs. 596.50, up by 2.95 per cent.Meanwhile, Sensex was at 36,442.49 level up by 0.34 per cent and Nifty50 was at 10,922.80, up by 0.33 per cent.