Cyber Security Operations Center for the SEBI registered intermediaries

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..... red intermediaries 1. Recognizing the need for a robust Cyber Security and Cyber Resilience framework at Market Infrastructure Institutions (MIIs), i.e. Stock Exchanges, Clearing Corporations and Depositories, SEBI vide Circular CIR/MRD/DP/13/2015 dated July 06, 2015, prescribed a detailed regulatory framework on cyber security and cyber resilience. 2. With the view to further strengthening cybe .....

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..... ill be as follows: 4.1. The Market SOC shall be set up as a separate entity and MIIs shall have at least 51% stake in the new entity. 4.2. Intermediaries who don't have capability to set up a SOC on their own can opt for the Market SOC. 4.3. The Market SOC should be in accordance to the circular SEBI/HO/MIRSD/CIR/PB/2018/147 dated December 03, 2018 and should ensure that participating intermedi .....

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..... udit report as prescribed in the circular SEBI/HO/MIRSD/CIR/PB/2018/147 dated December 03, 2018, to the participating intermediary. 4.8. If an intermediary is subscribed to Market SOC, audit report submitted by intermediary through the Market SOC would be deemed compliant. 4.9. Approval for the Market SOC which is to be set up as a separate entity would be in terms of Regulation 38 of Securities .....

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