The Securities and Exchange Board of India’s (Sebi) recent clarifications on its Cybersecurity and Cyber Resilience Framework (CSCRF) has introduced graded compliance norms to ease the burden on smaller intermediaries, but experts caution that challenges remain, particularly for smaller and mid-sized firms.
Sebi’s enhanced cyber rules substantially improve market security. However, this is overwhelming for smaller firms, and they may face considerable challenges due to increased costs and technical demands,” said Vikas Garg, partner, Deloitte India….
