Sebi chief calls for stronger defence against cyberattacks

Tuhin Kanta Pandey, chairman, the Securities and Exchange Board of India (Sebi), on Thursday stressed the need for constant vigilance, regular incident-response drills, and forensic readiness to guard against escalating cyber threats.

- KHUSBOO TIWARI

Speaking at a cybersecurity training programme for regulated entities at the National Institute of Securities Markets (NISM), Pandey warned that even the perception of vulnerability can unsettle markets, irrespective of immediate financial losses.

Recalling the 2010 Nasdaq breach—where hackers accessed a system used by corporate boards to share confidential documents—he noted that while trading was unaffected, the incident "deeply shook confidence."