Sebi expands committees on cyber security and information systems

Last rejig of cyber security panel happened in September; decision to ramp up information systems panel follows difficulties faced by CDSL in settlement activities

The Securities and Exchange Board of India (Sebi) has expanded two of its committees--High Powered Steering Committee on Cyber Security (HPSC-CS) and Information Systems Security Committee (ISSC)--in a bid to strengthen cyber security frameworks and cyber resilience requirements.

The committee on cyber security has been expanded to eight members from six earlier . It will continue to be chaired by Navin Kumar Singh, DG at National Critical Information Infrastructure Protection Centre (NCIIPC). G Padmanabhan, ex-executive director, Reserve Bank of India, and Sushil Kumar Nehra, Additional Director, Cyber Security Division, MeitY are its new members.

The eight-member committee oversees and provides guidance on