Securities and Exchange Board of India (SEBI) constitutes 'cyber-suraksha.ai' task force

Key facts

• The Securities and Exchange Board of India (SEBI) has constituted a dedicated task force named "cyber-suraksha.ai" to examine cybersecurity risks arising from advanced Artificial Intelligence (AI) tools.
• SEBI identified AI-driven vulnerability detection tools, such as "Claude Mythos", as sources of new risks for regulated entities.
• The "cyber-suraksha.ai" task force includes representatives from Market Infrastructure Institutions (MIIs), Qualified Registrar and Transfer Agents (QRTAs), regulated entities, and other stakeholders.
• The task force aims to devise a uniform mitigation strategy and facilitate the sharing of threat intelligence, best practices on vulnerability management, use cases, and playbooks.
• SEBI emphasised accelerating onboarding to Market Security Operations Centres (M-SOC) established by the National Stock Exchange of India and BSE for real-time cyber threat monitoring.