The Securities and Exchange Board of India (SEBI) has introduced a new cyber security framework aimed at enhancing the security measures of regulated entities. Set to roll out in two phases beginning January 2025, the framework focuses on establishing robust security monitoring through Security Operation Centers (SOCs).
This new initiative is designed to bolster cyber security resilience amid the growing threat of cyber attacks. Key components of the framework include:
- Cyber Security Policy: Entities must establish a comprehensive cyber security policy.
- Security Controls: Implementation of stringent security controls is required.
- Regular Audits: Entities must conduct regular security audits to assess and address vulnerabilities.
- Employee Awareness: There’s a push to enhance cyber security awareness among employees.
The introduction of this framework marks a significant step towards strengthening the defense mechanisms of regulated entities. By adhering to these new guidelines, organizations can better protect their data and systems from cyber threats.
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