Sebi releases new cyber security framework for regulated entities

Quick Summary:

Markets watchdog Sebi on Tuesday issued a new cyber security framework wherein all regulated entities are required to have appropriate security monitoring mechanisms, and the fresh norms will be implemented in a graded manner starting from January 2025.

Besides, a Cyber Capability Index (CCI) for market infrastructure institutions and qualified regulated entities will be introduced to monitor and assess their cybersecurity maturity and resilience on a regular basis.

The framework will supersede the existing cybersecurity circulars and guidelines for the entities regulated by Sebi, according to a circular.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Cyber security Cyber security protocols Sebi norms Sebi cyber security norms

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-20 @ 23:09:50 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22182871

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