Sebi to chart out long term cyber security plans for markets

Sebi will deliberate with its board members next month on putting in place a long term cyber security framework for markets amid concerns over malicious software script targeting systems and possible data breaches. With technology-based platforms and high speed algorithmic systems becoming key fulcrums for trading activities, the regulatory focus is on bolstering the existing framework and ensure a robust firewall is in place to thwart possible cyber attacks.

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