CDSL detects malware in a few internal machines; settlements delayed

India’s largest depository in terms of numbers of accounts, Central Depository Services (India) (CDSL), faced cyber security issues on Friday, which impacted settlement activities.

The depository detected malware in a few of its internal machines, following which the company isolated the machines and disconnected itself from other constituents of the capital market.

“As per initial findings, there is no reason to believe that any confidential information or the investor data has been compromised,” said CDSL in a statement. The incident has been reported to the authorities.

The official website of the securities depository remained non-functional and showed error till the filing of the story on Friday.

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