New Delhi -The purpose of SEBI’s, CSCRF is to have a structured approach to cybersecurity management within market infrastructure institutions and other regulated entities.
Market regulator Securities and Exchange Board of India (SEBI) has extended timeline for implementation of Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities.
In a circular issued on Monday, SEBI said, “SEBI has received multiple requests for CSCRF compliance timelines extension to ensure ease of compliance for them. Therefore, it has been decided to extend the compliance timelines by two (2) months, i.e., till August 31, 2025 to all REs, except Market Infrastructure Institutions (MIIs), KYC Registration Agencies (KRAs), and Qualified Registrars to an Issue and Share Transfer Agents (QRTAs)”.
The purpose of SEBI’s, CSCRF is to have a structured approach to cybersecurity management within financial institutions. Under the cyber risk guideline ensures the establishment of clear roles, responsibilities, and accountability for managing cybersecurity risks. Timely detection, reporting and mitigation of cybersecurity incidents has been described under the cyber security framework.
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