India's markets regulator, the Securities and Exchange Board of India (SEBI), has issued a new advisory warning that emerging AI-driven vulnerability detection tools could introduce fresh cybersecurity risks for regulated entities.
In response, SEBI has formed a task force to evaluate the specific cyber risks posed by these AI-based models and develop a uniform strategy to mitigate them. The group will also work to strengthen India's securities market cybersecurity framework by reporting incidents, malicious activities, and system vulnerabilities. SEBI has directed market infrastructure institutions and other intermediaries to report any attacks, weaknesses, or malicious activity on a priority basis.