SEBI Compliance Audit
SEBI Cyber Security Audit in India
overview
SEBI Cyber Security and Resilience Framework Audit and SEBI System Audit for Stock Exchanges and Depositories
In today’s rapidly evolving economy, more individuals are looking to grow their finances through the Stock Market and Mutual Funds. Recognizing the increasing importance of secure trading practices, the Securities and Exchange Board of India (SEBI) has issued three critical circulars mandating Cyber Security Audits for trading members, exchanges, depositories, and intermediaries. These SEBI Compliance Audits aim to fortify cyber resilience frameworks, ensuring robust security measures are in place to counteract the growing cyber threats and attacks. This initiative not only safeguards the integrity of trading facilities but also enhances the reliability of trading software systems, instilling greater confidence among investors.
At Threatsys, we specialize in providing comprehensive SEBI Compliance Audit services in India. Our expertise in SEBI System Audit ensures that your trading platforms and associated systems comply with the stringent security guidelines set by SEBI. We conduct thorough SEBI Cyber Security Audits in India, meticulously evaluating your security practices to identify vulnerabilities and implement necessary safeguards. By partnering with Threatsys, you can be assured of meeting SEBI’s regulatory requirements, thereby reinforcing the security and resilience of your trading operations amidst the dynamic landscape of financial markets.
Threatsys, in strategic alliance with our subsidiary Securium Solutions Private Limited, is well-positioned to offer SEBI security audit services. Securium Solutions is an empaneled auditor by CERT-In, the Government of India’s nodal agency for cybersecurity audit. This esteemed empanelment empowers Threatsys to conduct comprehensive SEBI security audits, which include vulnerability assessments and penetration testing of IT infrastructures. Our services cater to a wide range of SEBI-registered entities, including stock brokerage firms, mutual fund companies, brokers and sub-brokers, as well as trading and financial intermediaries. Through this collaboration, we ensure that your organization adheres to the highest standards of cybersecurity mandated by SEBI.
0+
0
0%
0CISA
024/7
Obtain your SEBI Compliance Audit Report and Certification from our certified experts and empaneled auditors. Let’s get started
Solutions
How Threatsys Conducts SEBI Cyber Security Audit and
System Audits to Safeguard Your Operations
Scope Drafting and SOW Finalisation
Threatsys begins by drafting a detailed Scope of Work (SOW) for the SEBI Cyber Resilience and System Audit. We review the latest SEBI circulars to ensure all guidelines are met. Our team compiles all relevant information and stakeholder requirements into a comprehensive, well-documented scope. This scope outlines the boundaries and applicability of the audit, addressing specific pain points and organizational needs. It encompasses the work systems, number of departments, and locations involved, ensuring a thorough and targeted audit process.
Creating the SEBI Audit Roadmap and Plan
Following the definition of the scope, objectives, and criteria, Threatsys collaborates with board members and certified auditors to draft a detailed audit plan. This plan specifies the nature, timing, and extent of control tests and substantive procedures. Additionally, we thoroughly examine network security measures in accordance with the SEBI Circular checklist, ensuring comprehensive coverage and adherence to regulatory requirements. This phase is crucial for streamlining the audit process and ensuring all security aspects are meticulously evaluated.
Finalizing the SEBI GAP Assessment and Audit
Once the audit scope and boundaries are established, Threatsys develops a detailed audit schedule, approved by both parties. This schedule outlines a clear timeline, indicating which departments will be audited and when. A thorough GAP Assessment, adhering to SEBI norms, is conducted with each department, involving all relevant stakeholders in the review meetings. This ensures all discrepancies are identified and addressed systematically, paving the way for a comprehensive and effective audit process.
SEBI System Audit and Cyber Security Audit
With the audit schedule in place, Threatsys auditors begin examining the pre-implemented documents and controls within the organization. The objective is to identify any discrepancies or notable observations in the organization’s systems. Various checklist points across multiple categories will be thoroughly covered. All evidence gathered during the audits will be meticulously documented and submitted, ensuring a comprehensive evaluation of the organization’s adherence to SEBI guidelines.
Cyber Security Implementation and Support
Based on the audit findings, many companies may not fully comply with SEBI regulations. To address this, Threatsys collaborates with 360 Degree Cyber Security Solutions to offer a comprehensive range of services, including SIEM, SOC as a Service, regular VAPT services, application security audits, VCISO services, GRC, DLP, policy drafting, and more. We work closely with our clients to ensure full compliance with all SEBI norms, delivering maximum security protection at a minimal cost.
SEBI Audit Reports and Attestation
Upon completing the audit, Threatsys will document all observations, areas for improvement, and any minor or major non-conformities identified in the audited departments. These findings will be compiled into a comprehensive summary report, including the standard checklist used during the audit. This report provides a clear overview of compliance status and necessary actions for achieving full adherence to SEBI regulations.
SEBI Cyber Security Audit Compliance Services
Seamlessly Aligned: Integrating SEBI Guidelines
into Our Proven Audit Framework
Get SEBI Compliance Audit Services from Threatsys – Rest Assured, We Handle Everything for You. Let’s get started
