Under the new system, both the bourses will store their data at each others’ servers to ensure cyberattacks do not affect market functioning

Come March and stock trading in India will be less vulnerable to cyber attacks.

Madhabi Puri Buch, chairperson of market regulator SEBI, revealed on Friday that they were working with the BSE and the National Stock Exchange (NSE) in developing a system to mitigate risk of cyber attacks. SEBI or the exchanges have never given out data on whether Indian markets had ever faced cyber attacks but the chairperson said, under the new system both the exchanges will store their data at each others’ servers to ensure cyber attacks do not affect the market functioning.....