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Sebi asks exchanges to keep vigil on cyber threats

Sebi asked exchanges to share information on technology-related disruptions

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BS Reporter Mumbai
Capital market regulator Securities and Exchange Board of India (Sebi) on Friday asked stock exchanges to keep a "constant vigil on the cyber threat landscape around the world and take lessons from such incidents."

The market regulator advised exchanges and other market infrastructure institutions (MIIs) to have a collaborative approach in dealing with technological challenges including cyber threats.

Sebi chairman Ajay Tyagi met with chief executive officers (CEO) and chief technology officers (CTOs) of MIIs, including that of National Stock Exchange and BSE.

The meeting was called following the technical glitch faced by NSE earlier this month. The glitch had