SEBI adopts 6 hour norm for data breach notification

Posted on June 12, 2022 by Vijayashankar Na

According to a report in Economic Times, SEBI has reportedly advised all mutual fund AMCs to report any information on Cyber incidents within 6 hours to CERT IN and SEBI, within 6 hours of noticing such incidents.

This is keeping with the CERT IN data breach guidelines released on 28th April 2022.

With this the Six hour norm has been set for data breach notification by CERT IN, RBI and SEBI as against the DPA 2021 suggesting a 72 hours window.

Naavi

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance
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