Skip to main content

Sebi rejigs panel on cyber security, expands to six members.

 The Securities and Exchange Board of India (Sebi) has restructured its high-level panel on cyber security that suggests measures to safeguard the capital markets from such attacks. The committee, which has now six members, will be chaired by Navin Kumar Singh, DG at National Critical Information Infrastructure Protection Centre (NCIIPC), news agency PTI report said. It is important to note that the committee had only four members earlier, an update with the Securities and Exchange Board of India (Sebi) showed. The other members of the panel include Sanjay Bahl Director General at Indian Computer Emergency Response Team (CERT-In) and H Krishnamurthy, who was a chief research scientist at IISC Bangalore. Sandeep Shukla and Debdeep Mukhopadhyay, who are professors at the Department of Computer Science and Engineering in IIT Kanpur and IIT Kharagpur, respectively, and Sugata Gangopadhyay, head of the department of Computer Science and Engineering at IIT Roorkee, are the other members of the committee, the report said. Notably, the high-powered steering committee has been entrusted with the task of overseeing and providing overall guidance on cyber security initiatives for Sebi as well as for the entire capital market, besides, it will advise Sebi in developing and maintaining cyber security and cyber resilience requirements aligned with global best practices and industry standards in accordance with the need of the Indian capital market structure. Additionally, the panel will identify measures to improve cyber resilience and related business continuity and disaster recovery process in the Indian securities market. The committee will study major cyber-attack incidents related to financial markets in domestic and global markets and identify gaps in the existing cyber security and cyber resilience framework. The panel will periodically review the mandate and functioning of Security Operations Centers and will guide Sebi in setting up a Cyber Lab/Cyber Center of Excellence for the securities market, the report said.  In an attempt to further strengthen cyber security and cyber resilience, it will engage in continuous dialogues with relevant external agencies, such as CERT-In, National Cyber Coordination Centre (NCSC), Department of Telecommunications (DoT), Ministry of Electronics and Information Technology (MeitY), and leading academic institutions and organisations, among others.

 

 

-Mint, 8th September 2022

Comments

  1. Legal on-line on line casino with a number of} ongoing on line casino promotions. Offering new players 15 free spins to be used on their pokies sport Mechanical Clover. And the actually cool factor is that 7Bit Casino enables you to copy and paste this code directly from the bonus page! Creating an account takes less than a minute, and the 50 free spins must be used on the pokie sport 토토사이트 Scroll of Adventure.

    ReplyDelete

Post a Comment

Popular posts from this blog

Data storage norm splits digital payments industry

Data storage norm splits digital payments industry  India’s nascent digital payment industry could be thrown into disarray due to the demand by the Reserve Bank of India (RBI) that all user data be stored within the country, fears an industry grouping, which has termed the decision as “heavy-handed”, even as others, including the country’s largest digital payment provider Paytm, have hailed the move.  In a bid to narrow the growing schism, the industry is planning to send a formal representation to the regulator highlighting its concerns, a top official told ET.  “We are trying to build a consensus on the issue," said the person adding that the representation to the central bank will be ready this week.  RBI on April 6, mandated all payment companies—global and local—to set up data storage facilities within India by October. The stringent six-month deadline has attracted the ire of several sections of the industry that fear it will lead to a disruption of wel...

Offer’s for all of you

Great Bumper Dhamaka Offer’s for all of you... It's Time to see your Business Online, WebeCreator Offer Website Designing with domain & Email @ nominal charges. For a year For More information visit us http://goo.gl/KlpppF call on 9890151261/9773197533  drop a mail to sales@webecreator.com

Sebi to finalise options in commodities today

The Commodity Derivatives Advisory Committee of the Securities and Exchange Board of India ( Sebi) will meet on Friday with senior officials of the latter, to give a final shape to the rules on options trading in commodity futures, beside revising the warehousing norms to ensure good delivery on settlement. The decision taken, after discussing with the advisory committee, will be placed before the regulator’s board, to finalise the regulations. According to knowledgeable sources, three commodities in each segment, agricultural and non- agricultural, have been proposed for introducing options. It appears commodities from the soya and guar segments are preferred in the former. From the non- agri segment, it is likely that gold, silver and crude oil will be finalised. All these These have better liquidity and both the National Commodity and Derivatives Exchange and the Multi Commodity Exchange, respectively, will be able to introduce the options. In the equity segments, options ar...