Sebi chairman says cyber defence must move from IT issue to boardroom priority

Sebi Chairman Tuhin Kanta Pandey has emphasized the importance of prioritizing cybersecurity within financial institutions. He believes that cybersecurity should no longer be viewed as an IT issue, but rather as a critical boardroom priority. This shift in perspective is necessary to ensure that financial institutions have robust systems in place to protect against cyber threats, including those posed by quantum computing.

Why it matters

Sebi's emphasis on cybersecurity could lead to increased investor confidence in Indian markets. This could result in more investments and a positive impact on the economy.

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