Stock brokers to report cyber attacks within 6 hours of detecting them: Sebi

The incident will also be reported to the Indian Computer Emergency Response team in accordance with the guidelines issued by CERT-In from time to time.

Published: 30th June 2022 07:14 PM  |   Last Updated: 30th June 2022 07:14 PM   |  A+A-

Cyber Attack

Image used for representational purpose only.

By PTI

NEW DELHI: Sebi on Thursday asked stock brokers and depositories participants to report all cyber attacks, threats and breaches experienced by them within six hours of detecting such incidents.

They have to report such incidents within the specified time to the exchanges, depositories and the regulator.

The incident will also be reported to the Indian Computer Emergency Response team (CERT-In) in accordance with the guidelines issued by CERT-In from time to time, according to a circular.

Additionally, the stock brokers and depository participants, whose systems have been identified as 'protected system' by National Critical Information Infrastructure Protection Centre (NCIIPC) will also report such incidents to NCIIPC.

"All cyber attacks, threats, cyber incidents and breaches experienced by stock brokers/ depositories participants shall be reported to stock exchanges/ depositories and Sebi within six hours of noticing/ detecting such incidents or being brought to notice about such incidents," Sebi said in the circular.

The quarterly reports containing information on cyber attacks, threats, cyber incidents and breaches experienced by the stock brokers and depository participants and measures taken to mitigate the vulnerabilities, including information on bugs vulnerabilities, threats that may be useful for others, will have to be submitted to the exchanges and depositories within 15 days from the end of every quarter.

This information will be shared to Sebi through a dedicated e-mail id.

Earlier this month, the regulator prescribed the framework for cyber security and cyber resilience for stock brokers and depository participants.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp