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As many as 96 per cent of organisations in India suffered a material, business-disrupting cyber incident over the past 12 months, with more than one in three involving artificial intelligence (AI)-enhanced attacks, according to a report released by technology major Cisco. The study highlighted that internal organisational friction - including bureaucratic approval delays, fragmented data, and disconnected teams - represents a greater impediment to strengthening cyber defences than technological limitations. The findings are part of Cisco's 'Relentless Defense Report', based on a double-blind survey of 8,000 security professionals across 30 markets, including 1,000 respondents from India. The report evaluated organisations on how completely they protect their environments, the speed at which they detect and remediate threats and the operational bottlenecks that slow them down. India recorded an average score of 66 out of 100, marginally above the global average of 64. However, only
Markets regulator Sebi on Monday proposed a comprehensive overhaul and consolidation of information technology-related regulations applicable to market infrastructure institutions aimed at simplifying compliance requirements, removing redundancies and ensuring regulatory consistency across. In its consultation paper, the regulator proposed merging provisions of the Master Circulars for stock exchanges and clearing corporations with the Master Circular for commodity derivatives,while also creating a consolidated circular covering common IT-related areas such as cyber security, cyber resilience, annual system audits, business continuity planning and disaster recovery (BCPDR), capacity planning and technology advisories. Sebi said several provisions currently duplicated across different circulars and frameworks could be streamlined to improve regulatory clarity and reduce compliance burden without diluting oversight. Among the key proposals, Sebi has suggested removing repeated ...