The Bombay Stock Exchange (BSE) on May 23, 2024, issued the notification regarding the Abuse of ‘SMS Headers’ in Transnational ‘Stock Market Investment Fraud’
The following has been stated namely: -
• Members are hereby advised to take necessary measures, as mentioned in the report prepared by the Indian Cyber Crime Coordination Centre, titled Abuse of ‘SMS Headers’ in Transnational ‘Stock Market Investment Fraud’
• The following measures are also to be taken namely: -
o Measures to prevent misuse of their SMS headers, entity, and template ID by telemarketers or through the DLT platform.
o Review all Headers and Content Templates and surrender/close unused Headers and Templates.
o Measures for prompt reporting of any impersonation of their identity, trademark, logo, etc. by any fraudster on the National Cybercrime Reporting Portal.
[Notification No. 20240523-36]