Sebi Chairman Tuhin Kanta Pandey on Monday said cybersecurity can no longer be treated as only an IT issue and must be seen as a board-level, business-continuity and market-integrity concern. Speaking at Sebi Symposium on Cyber Defence on August 17, Pandey said the financial market ecosystem has become deeply connected, and a weakness in one institution can spread through vendors, technology platforms, third parties or other connected entities.
"The question is no longer simply: Is my organisation secure? The more important question is: Is the ecosystem resilient?" Pandey said.