Navigating SEBI’s CSCRF: A Focus on SOC Compliance
Navigating SEBI’s CSCRF Explore SEBI’s new Cybersecurity and Cyber Resilience Framework (CSCRF) mandates for SOC compliance. Learn how MXDR enhances threat detection, real-time response, and regulatory adherence to ensure robust security and compliance for financial institutions. Discover tailored solutions to meet SEBI’s deadlines and build a resilient cybersecurity posture. In August 2024, the Securities and Exchange Board of India (SEBI) introduced the Cybersecurity and Cyber Resilience Framework (CSCRF) to enhance the security of its regulated entities (REs). A key requirement under this framework is the establishment of a Security Operations Center (SOC) for continuous threat monitoring and incident response. Deadlines to comply with this mandate are: January 1, 2025: For REs already under SEBI’s earlier cybersecurity guidelines. April 1, 2025: For REs covered by the CSCRF for the first time. Smaller and medium-sized financial institutions, particularly those without in-hous...