Synopsis
India's market regulator, SEBI, has issued a new advisory. It warns about emerging AI tools for detecting vulnerabilities. These tools could create new cybersecurity risks for regulated entities. SEBI has formed a task force to study these AI-based models. The task force will assess cyber risks and develop strategies. It will also report cyber incidents to strengthen market cybersecurity.Listen to this article in summarized format
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Here are some details:
The Securities and Exchange Board of India has constituted a task force to assess emerging threats posed by such AI-based models.
The task force will examine the cyber risks associated with these tools and devise a uniform mitigation strategy.
It will also report cyber incidents, malicious activities and system vulnerabilities to strengthen the cybersecurity framework of India's securities markets.
SEBI has directed market infrastructure institutes and other intermediaries to report cyberattacks, vulnerabilities and malicious activities on a priority basis.
