SEBI cyber resilience expectations apply through circulars and frameworks for market infrastructure institutions and regulated intermediaries. The exact requirements depend on the entity type and current SEBI circular.
Official sources
What SEBI is trying to do
SEBI wants securities market participants to protect systems, investor data, market infrastructure, and trading or settlement operations from cyber incidents and operational disruption. Third-party technology providers matter because regulated entities depend on software, hosting, connectivity, managed services, and support providers.
What teams need to do
- Identify the applicable SEBI cyber circular for the entity.
- Map systems, providers, data, market functions, access, and recovery requirements.
- Maintain cyber controls, incident response, vulnerability management, audit, and resilience
testing.
- Monitor technology providers and remediate findings.
Evidence to maintain
- Applicability analysis.
- Cyber policies, system inventory, and provider map.
- Access, vulnerability, monitoring, incident, audit, and drill evidence.
- Provider assessments, issues, remediation, and reporting.
Common gaps
- Entity-specific circular requirements are treated generically.
- Provider dependency is not mapped to market operations.
- Cyber drill findings are not connected to provider remediation.
How Halbarad helps
Halbarad helps teams connect providers to systems, cyber controls, incidents, testing, issues, remediation, and management reporting.
Disclaimer
This guide is for general information only and is not legal advice. Review the official regulation, guidance, and supervisory materials, and consult qualified counsel or compliance advisors for your organization's specific obligations.