New Delhi: Markets regulator Sebi plans to rope in an agency to identify and classify security holes in its entire information technology infrastructure and suggest measures to mitigate such risks. To provide the service to the regulator's information technology infrastructure, the Securities an Exchange Board of India (Sebi) has issued a notice inviting expression of interest (EoI) from interested parties. Information system infrastructure includes networking systems, security devices, servers and databases. Sebi said the selected bidder would be responsible for carrying out an assessment of threat and vulnerabilities in the regulator's information technology infrastructure. "Sebi would encourage adoption and usage of financial technology to further develop and maintain an efficient, fair and transparent securities market ecosystem which also promotes innovation in the securities market," Sebi Chairman Ajay Tyagi said in his statement in the annual report.

Source: Mint September 29, 2019 06:56 UTC