Now Reading: SEBI partners RRU, NISM on securities market cybersecurity
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SEBI partners RRU, NISM on securities market cybersecurity
SEBI has signed a memorandum of understanding with Rashtriya Raksha University and the National Institute of Securities Markets to expand cybersecurity training, research and capacity building across the securities market.
SEBI has signed a memorandum of understanding with Rashtriya Raksha University and the National Institute of Securities Markets to expand cybersecurity training, research and capacity building across the securities market.
The partnership will offer training, workshops, certification and executive education on secure software, API security, cyber exercises, risk management, security operations, vulnerability testing, artificial intelligence and quantum computing. It will serve officials, regulators, law enforcement, financial institutions, regulated entities, academics and the public.
The institutions will create a capital-market course repository and directory of trained professionals, while exploring research, international academic partnerships and open-source intelligence. A proposed Technical Innovation Unit will act as a command centre for joint operations, research and innovation in the securities market. The MoU was signed on August 17.
Indian Opinion Analysis
SEBI regulates India’s securities markets under the SEBI Act, 1992, with investor protection and orderly market development among its statutory responsibilities. Cybersecurity arrangements therefore affect exchanges, brokers, mutual funds, depositories and other regulated entities, as well as investors whose accounts and data depend on these systems. The proposed unit’s practical value will depend on how it connects research with incident response, testing and directions to firms. SEBI’s subsequent implementation details, including the unit’s structure and operating authority, will define how the partnership functions.
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above.
