EconomyBanking_Regulation
News 11 of 28

RBI & SEBI Tighten Cybersecurity Norms: ITRI, Kill Switch & 6-Hour Reporting Mandated

EconomyScience & TechCORE
Target:UPSC GS-IIIMPSCBankingTeachingSSC GAPrelims HighMains HighStatic GK Link
26 Aug 2026
~2 min
Source: Indian Express
Key Data:ITRI 9 parametersAvailability & Security weightage 20%6-hour reporting windowHalf-yearly computationEffective early 2027
Bodies:SEBIRBI
Practice MCQs from today's news ▸
What This Article Covers

1.SEBI introduced ITRI (IT Resilience Index) with 9 parameters to measure cyber readiness of MIIs (clearing corporations, exchanges), effective early 2027.

2.RBI released a comprehensive cybersecurity framework for banks, mandating board-level ownership, dedicated IT risk committees, and a 6-hour window for reporting cyber incidents.

3.Both regulators are exploring a 'kill switch' mechanism to allow users to stop all financial transactions during a fraud.

The Big Picture
Prelims · HighMains · High

Indian financial regulators RBI and SEBI are significantly strengthening cybersecurity frameworks in response to rising AI-driven fraud. SEBI introduced an IT Resilience Index (ITRI) for market infrastructure institutions, while RBI mandated board-level ownership and a strict 6-hour cyber incident reporting window, signaling a major shift in regulatory vigilance.

Exam Lens

Quick Exam Facts From News

Regulator: ITRISEBI
ITRI Parameters9
ITRI Top Weightage (20%)Availability & Security
Cyber Incident Reporting Window (RBI)6 hours
ITRI Computation FrequencyHalf-yearly (within 60 days)
New Reporting Format (SEBI)FIRE (Format for Incident Reporting Exchange)

1-Minute Revision

  • ›Regulator: ITRI: SEBI
  • ›ITRI Parameters: 9
  • ›Target this Data: ITRI has 9 parameters; Availability & Security weightage = 20%
  • ›Target this Nodal Body: SEBI for ITRI and FIRE format; RBI for cybersecurity framework and kill switch
  • ›Target this Legal Point: SEBI circular on ITRI; RBI comprehensive cybersecurity framework

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which market regulator introduced the IT Resilience Index (ITRI) for Market Infrastructure Institutions?

Q2Statement-basedHard

Consider the following statements regarding SEBI's IT Resilience Index (ITRI):

1. The ITRI will come into effect from early 2027.

2. The parameter 'Availability and Security' has the highest weightage of 25%.

3. MIIs must compute the ITRI on a half-yearly basis and submit it within 60 days.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the RBI's new cybersecurity framework, what is the mandated time window for banks to report cyber incidents?

Q4Application/ImpactMedium

What is the primary objective of SEBI's IT Resilience Index (ITRI)?

All 15 MCQs ▸
Read original article from Indian Express
You finished this topic
Practice 3 MCQs from this newsNext Article
Explore Related Topics
EconomyView Topic MCQs →Science & TechView Topic MCQs →
PreviousFSSAI Shelves Colour-Coded Front-of-Pack Labels After Food Industry Lobbying; SC Scrutinises DecisionNext US Debt Crosses $40 Trillion: Bond Yields Rise, Fed Chair Warsh Faces Jackson Hole Test
Related Current Affairs
Economy Current Affairs

FM Urges RBI to Advance CBDC & Digital Rupee; India's First Tokenised Corporate Bond Pilot by REC

Finance Minister Nirmala Sitharaman urged RBI to accelerate CBDC and digital Rupee capabilities, highlighting the success of India's first tokenised corporate bond pilot by REC under SEBI's sandbox. This signals a major push towards tokenisation in financial markets, with implications for exam questions on digital currency, fintech regulation, and RBI-SEBI coordination.

Economy Current Affairs

RBI Dy Governor: CBDC and ULI Adoption Rising, 12 States Digitise Land Records for Faster Loans

RBI Deputy Governor Rohit Jain announced that CBDC (Digital Rupee) and ULI (Unified Lending Interface) are moving beyond pilot stages into real-world usage, with 12 states already digitising land records. This signals a major push for financial inclusion, faster credit delivery, and digital public infrastructure, making it a high-priority topic for banking and economy sections in exams.

Economy Current Affairs

SEBI Revamps SLB Scheme, Launches Setu Portal, Pilots Bond Tokenisation on Blockchain

SEBI is modernizing the Securities Lending and Borrowing (SLB) scheme to improve price discovery and link cash and derivatives markets. It also launches a single online portal (Setu) for intermediaries and a pilot project for tokenising corporate bonds using blockchain. These reforms are crucial for capital market efficiency and are highly exam-relevant for UPSC, Banking, and SSC.

Economy Current Affairs

RBI Subsidiary BRBNMPL Issues EOI for Polymer Substrate: 68,000 Reams for Rs 10 & Rs 20 Notes

India moves closer to introducing polymer banknotes in Rs 10 and Rs 20 denominations. Bidders for the polymer substrate must certify no animal tallow and firewall operations from China/Pakistan. The RBI subsidiary BRBNMPL requires 68,000 reams of substrate, with samples tested across climatic zones.

Economy Current Affairs

SEBI Introduces IT Resilience Index (ITRI) for MIIs: 9-Parameter Scorecard to Quantify Tech Risk

SEBI has launched the IT Resilience Index (ITRI), a first-of-its-kind quantitative scorecard to measure the robustness of critical IT systems at stock exchanges, clearing corporations, and depositories. This shifts regulation from compliance-checking to risk-monitoring, with 9 weighted parameters — Availability and Security each carrying the highest weight of 20%. For exam aspirants, this is a high-priority topic: it links to regulatory bodies (SEBI), financial market infrastructure, and emerging tech risks (cyber, AI, cloud).

Economy Current Affairs

RBI Tags Tata Sons as Upper Layer NBFC: Deregistration Decision to Determine IPO Future

RBI has included Tata Sons in the Upper Layer NBFC list, triggering a mandatory listing requirement, but its pending deregistration as a Core Investment Company could exempt it. The RBI's decision on deregistration will decide whether Tata Sons must launch an IPO, reshaping the governance and capital structure of India's largest holding company.

Economy Current Affairs

SEBI Plans Bond Tokenisation Pilot, Eases FPI Onboarding via Digital PoA

SEBI is launching a pilot for bond tokenisation using shared ledger technology to improve settlement efficiency and reduce costs. Separately, it has eased FPI onboarding by allowing digitally signed Power of Attorney, eliminating notarisation and apostillisation. These reforms aim to deepen India's bond market and improve ease of doing business.

Economy Current Affairs

RBI Rejects Tata Sons' CIC Surrender: Mandatory IPO at ₹10 Lakh Crore Valuation

RBI's rejection of Tata Sons' request to surrender its CIC registration mandates a public listing, potentially one of India's largest IPOs. The valuation could exceed ₹10 lakh crore, with key implications for Tata Trusts, SP Group, and minority shareholders. This decision marks a fundamental shift in Tata group's ownership structure and governance.

Start Today's Quiz(15 Qs)