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of <h1>SEBI Circular Urges Financial Entities to Boost Cybersecurity with CSIRT-Fin Recommendations and Stronger Cloud and Vendor Management.</h1> The circular from SEBI addresses cybersecurity best practices for regulated entities (REs) in the financial sector, emphasizing the increasing frequency and sophistication of cyber threats. It advises entities to implement recommendations from the Financial Computer Security Incident Response Team (CSIRT-Fin) to enhance cybersecurity measures. Key practices include defining roles for Chief Information Security Officers, monitoring phishing threats, regular patch management, data protection, log retention, strong password policies, privilege management, and cybersecurity controls. The circular also stresses the importance of cloud security, implementing CERT-In advisories, managing concentration risk with third-party vendors, and conducting audits and ISO certification to ensure robust cybersecurity frameworks.
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