Synopsis
On Saturday, Sebi issued a press release saying it had recently noted a “cyber security incident” in its email system, which was undergoing an upgrade. The regulator said it had filed a first information report (FIR) and also alerted the Indian Computer Emergency Response Team (CERT-IN), the government agency that deals with cyber threats.
An email received by a mid-level executive at the Securities and Exchange Board of India (Sebi) at the end of May rang the alarm bells at the regulator. The email from the company secretary (CS) of a mid-cap listed company was seeking clarifications on a set of queries it had received. But no such email had been sent by the Sebi official, who also checked his outbox to be doubly sure. Sebi’s IT department then discovered that nearly a dozen such
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