India's markets regulator sets up task force to tackle AI-driven cyber threats

India's market regulator, SEBI, has issued a new advisory. It warns about emerging AI tools for detecting vulnerabilities. These tools could create new cybersecurity risks for regulated entities. SEBI has formed a task force to study these AI-base...

India's markets regulator sets up task force to tackle AI-driven cyber threats
India's markets regulator on Tuesday issued an advisory on emerging AI-driven vulnerability detection tools, warning that their use could ‌introduce ⁠new cybersecurity risks ⁠for regulated entities.

Here ​are some details:

The Securities and ​Exchange Board of India has constituted a task force ​to assess ⁠emerging threats ‌posed by ​such ​AI-based models.


The task ⁠force will examine the cyber risks ​associated with these tools ​and devise a uniform mitigation strategy.

It will also report cyber incidents, malicious activities and ‌system vulnerabilities to strengthen the cybersecurity framework ​of India's ​securities ⁠markets.

SEBI has directed market infrastructure institutes and other intermediaries to report cyberattacks, vulnerabilities and malicious activities on a priority basis.
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