# SEBI introduces IT Resilience Index for market infrastructure institutions 2026-08-24T18:47:03+00:00 | Governance | Indian Opinion Desk Corroboration: 2 independent outlets (3 source reports) Market regulator SEBI has introduced an Information Technology Resilience Index (ITRI) for market infrastructure institutions (MIIs) including stock exchanges, clearing corporations and depositories. The index, announced in a circular on August 24, 2026, assesses MIIs on nine parameters: availability, security, integrity, governance, reliability and monitoring, business continuity, modularity and flexibility, scalability, and incident handling. Availability and security carry the highest weight at 20% each. MIIs will compute the index on a half-yearly basis within 60 days of each half-year end and submit a comparative analysis to their Standing Committee on Technology and governing boards. They must also develop an Early Warning System to detect deterioration in parameters. The Industry Standards Forum of MIIs will finalise sub-parameters and measurement criteria by November 30, 2026. A beta version of the framework is already in place, with full rollout including real-time monitoring set for February 28, 2027. The Hindu notes the ITRI is among the first global attempts by a regulator to create a quantitative resilience barometer for MIIs, shifting from compliance-based oversight to risk monitoring. Separately, SEBI has aligned its Cyber Incident Reporting Portal with the global FIRE framework, requiring regulated entities to report incidents through a lifecycle approach. ## Indian Opinion Analysis The coverage is uniformly neutral reporting on the ITRI framework, with no discernible government-critical or sensationalist framing. The Hindu provides the most explanatory depth, comparing the index to global standards such as the UK's operational resilience rules and the EU's DORA, while also noting statistical questions about weight assignment. The Economic Times piece focuses on technical implementation details like the automated calculation requirement and the FIRE portal alignment. All three sources agree on the key facts: nine parameters, February 2027 deadline, and the EWS requirement. The ITRI's success will depend on whether the weights are refined using actual outage data and how MIIs operationalise the system-driven computation by the deadline. ## Coverage Coverage: 3 sources, 3 neutral - thehindu.com (neutral report) Straightforward announcement of the ITRI circular with no editorialising - legal.economictimes.indiatimes.com (neutral report) Factual report on ITRI and cyber incident portal alignment - thehindu.com (2) (neutral report) Explanatory piece comparing ITRI to global frameworks, no slant This story was synthesised by AI from the 3 sources linked above. Updated: this story now draws on 3 sources. Last updated 2026-08-25T11:55:26+00:00. Tags: FIRE framework, IT Resilience Index, SEBI Canonical: https://indianopinion.org/sebi-introduces-it-resilience-index-for-market-infrastructure-institutions/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/sebi-introduces-it-resilience-index-for-market-infrastructure-institutions/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/