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Amid heightened cyber threat, Sebi to hire agency to strengthen IT infra

This comes at a time when several malware attacks have come to light globally, including in India

Press Trust of India  |  New Delhi 

Sebi

regulator plans to rope in a third-party agency to identify and classify security holes in its entire and suggest measures to mitigate such risks.

To provide these services, has issued a notice inviting expression of interest (EoI) from the interested parties.


This comes at a time when several malware attacks have come to light globally, including in

Recently, the US Securities and Exchange Commission (SEC) reported a breach on its for company filings. The regulator said that the incident occurred in 2016 but it had observed last month that information could be used for illicit gain through trading.

"In August 2017, the commission learnt that an incident previously detected in 2016 may have provided the basis for illicit gain through trading," SEC noted.

The Securities and Exchange Board of (Sebi) said selected bidder would be responsible for carrying out an assessment of threats and vulnerabilities and assess the risks in the regulator's

This will include identifying existing threats and suggest remedial solutions and recommendations on the same to mitigate all identified risks and enhance the security of information systems.

Information system includes networking systems, security devices, servers and databases.

Besides, the agency will be responsible for carrying out enterprise-wide system audit focused on configuration, security aspects, risk assessment, deployment, administration, access control, backup and business continuity.

The audit will also cover review of standard operating procedures, automation and monitoring of all IT assets.

Spelling out the eligibility criteria, said the applicant should have been in operation for at least five years and should have registered profit for at least three years during the last five financial years.

Among other terms, the bidder should not be a blacklisted firm and should have registered office in preferably in Mumbai.

The regulator said that interested agencies need to submit application until October 6.

First Published: Sun, September 24 2017. 12:18 IST
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