 "Sebi")
Market regulator Sebi on Friday relaxed guidelines pertaining to setting up cyber security operations centre for small market intermediaries as they lack knowledge in cyber security.
The decision has been taken after discussions with market participants, the Securities and Exchange Board of India (Sebi) said in a circular.
During the meeting it was noted that compliance with cyber security guidelines may be onerous for smaller intermediaries because of lack of knowledge about cyber security and also the cost factor involved in setting up own security operations centre.
Under the new framework, Sebi said, small intermediaries can utilise services of market security operations center
