SEBI cautions market players on risks from AI tools like Mythos; sets up task force
SEBI issued an advisory cautioning regulated entities against emerging risks from advanced AI tools and set up a task force named cyber-suraksha.ai to examine cybersecurity risks. The task force will develop mitigation strategies and facilitate sharing of threat intelligence and best practices.
Markets regulator SEBI has issued an advisory cautioning regulated entities against emerging risks from advanced artificial intelligence (AI) tools. SEBI has constituted a task force named cyber-suraksha.ai to examine cybersecurity risks arising from AI-based models. The task force will develop mitigation strategies, facilitate sharing of threat intelligence and best practices, and ensure timely reporting of cyber incidents and vulnerabilities. SEBI has outlined steps for strengthening cybersecurity frameworks, including regular vulnerability assessments and enhanced monitoring through security operations centres. The regulator has also directed eligible entities to onboard the Market Security Operations Centre (M-SOC) for real-time monitoring and threat detection. SEBI has asked market participants to closely coordinate with third-party vendors to ensure timely deployment of security updates.
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