Sebi has imposed a Rs 1 crore penalty on CDSL for cybersecurity failures that enabled a 2022 malware attack, disrupting depository operations and market settlements. The regulator cited inadequate protection of critical systems, weak access controls and poor security monitoring despite prescribed cybersecurity requirements.

Sebi has imposed a Rs 1 crore penalty on CDSL for cybersecurity failures that enabled a 2022 malware attack, disrupting depository operations and market settlements. The regulator…

MUMBAI, July 20 : India's markets regulator on Monday imposed a fine of 10 million rupees on Central Depository Services (India) Ltd (CDSL) for multiple cybersecurity and…