Sebi warns of new risks from rapid tech adoption in finance.
At the Global Fintech Fest 2025, Tuhin Kanta Pandey, chairman of Sebi, warned that the rapid adoption of technology in India’s securities market introduces new risks, especially from third-party service providers and cloud platforms. He emphasized that while these advancements offer transformative potential, they also pose significant cybersecurity threats that could disrupt interconnected systems. To mitigate these risks, Sebi has implemented the Comprehensive Cybersecurity and Cyber Resilience Framework, ensuring that regulated entities can effectively withstand and recover from cyber threats. Pandey’s remarks underscore the importance of continuous resilience in the face of evolving technological challenges, highlighting the need for adaptive strategies as the financial landscape advances.