Capital Markets Regulator SEBI files an FIR Against a Cybersecurity Incident

Image Credit: The Financial Express

Capital markets regulator Securities and Exchange Board of India (SEBI) has lodged a complaint against a cybersecurity incident noticed on its e-mail system but maintained that no sensitive data was lost.

Recently, a cybersecurity incident was noticed on the e-mail system of the SEBI which was undergoing a system upgrade and accordingly an FIR (First Information Report) as per the relevant provisions of law has been filed, the regulator said in a statement.

It, further, said that various mitigation measures were immediately taken in response to that cybersecurity incident including, informing CERT-IN as per the standard operating procedure, and strengthening the required security configuration of the system among others.

CERT-In is the national nodal agency for responding to computer security incidents as and when they occur.

SEBI said that it constantly monitors its detection and prevention systems and has taken additional measures post-incident to tighten the security procedures for the implementation and migration activities.

“It was a small incident. CERT-IN is fully in the loop. No sensitive data was lost. The root cause has been diagnosed and fixed. Prevention for future has been fully implemented,” said an official spokesperson.

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