BSE, NSE taking steps to mitigate cyber attack risks: Sebi Chief

Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch Friday said the Bombay Stock Exchange and National Stock Exchange are putting in place a mechanism to mitigate any threat arising from cyber attacks.

The work on this is in process and it is expected to go live by March 2023, she said.

Speaking at an event organised by the Indian Institute of Management Bangalore (IIMB), Buch said due to concerns over cyber attacks, there is a need to ensure that stock exchanges and depositories have a good disaster recovery plan.