Locky Ransomware scrambles the contents of a computer or server and demands payment to unlock them, usually in form of virtual currency bitcoins.
The latest alert from BSE follows similar advisories about WannaCry and Petya ransomewares.
In a notice, the exchange advised users and administrators of computer systems used by listed companies and the brokers to perform regular backups of all critical information to limit the impact of data or system loss and to help expedite the recovery process.
Maintenance of an updated antivirus software on all systems, enabling personal firewalls on workstations and implementation of strict external device (USB drive) usage policy have also been suggested.
"Listed companies and registered members of the exchange are advised to inform any impact due to Locky Ransomware on their systems or systems of the stock brokers, clearing members and depository participants," BSE said.
Members can submit the details through the interface given into BSE Electronic Filing System (BEFS) system.
The government on September 2 issued an alert on spread of new malware Locky Ransomware.
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