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 Cybersecurity and Cyber Resilience Framework (CSCRF), formulated after consultations with stakeholders, comes at a time when there are rising instances of cyber attacks.
The framework will supersede the existing cybersecurity circulars and guidelines for the entities regulated by Sebi, according to a circular.
For small regulated entities, Sebi said that stock exchanges NSE and BSE will establish market Security Operation Centres (SOCs) to assist them in meeting the requirements under the new framework.
These SOCs
Posts in category Business Standard
Sebi releases new cyber security framework for regulated entities (20-08-2024)
Benchmark stocks to rise modestly by year-end, correction unlikely: Poll (20-08-2024)
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Haryana-based Innovision files IPO papers with Sebi, eyes Rs 315 cr (20-08-2024)
Manpower services company Innovision Ltd has filed draft papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
The Haryana-based company’s proposed IPO is a mix of fresh issuance of Rs 315 crore and an Offer For Sale (OFS) of up to 11.81 lakh equity shares by promoters, according to the Draft Red Herring Prospectus (DRHP).
Those selling shares in the OFS are Randeep Hundal and Uday Pal Singh.
As per the draft papers filed on Monday, proceeds from the fresh issuance to the extent of Rs 55 crore will be used towards payment of debt, Rs 160 crore for funding working capital requirements of the company and, besides, a portion will be used for general corporate purposes. The company specialises in providing manpower services, which include manned private security, integrated facility management services, as well as manpower sourcing and payroll management.
The toll plaza management operations involves user fee collection and related services
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EPFO adds net 19.29 lakh members in June 2024 (20-08-2024)
10.25 lakh new members enrolled with EPFO during June 2024
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United Breweries launches Heineken Silver and Heineken Original in Karnataka (20-08-2024)
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Genus Power Infrastructure receives orders worth Rs 3,608.52 cr (20-08-2024)
Genus Power Infrastructures announced that its wholly owned subsidiary has received three Letter of Awards (LOA) worth totaling to Rs. 3,608.52 crore (net of taxes) for appointment of Advanced Metering Infrastructure Service Providers (AMISPs) including design of Advance Metering Infrastructure (AMI) system with supply, installation and commissioning with FMS of about 4.26 million Smart Prepaid Meters, system meters including DT Meters with corresponding energy accounting on DBFOOT basis.
Board of Sansera Engineering approves fund raising up to Rs 1,200 cr (20-08-2024)
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