{
  "id": 3044980,
  "title": "SEBI introduces IT Resilience Index for market infrastructure institutions",
  "url": "https://urgent.news/2026/08/24/sebi-introduces-it-resilience-index-for-market-infrastructure",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T14:47:00.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/sebi-introduces-it-resilience-index-for-market-infrastructure-institutions/article71384992.ece"
  },
  "original_language": "en",
  "account": "The Securities and Exchange Board of India (SEBI) has launched an IT Resilience Index (ITRI) to evaluate the performance and robustness of information technology systems utilized by market infrastructure institutions (MIIs) such as stock exchanges, depositories, and clearing corporations. This index comprises nine parameters, each assigned distinct weightings to ensure consistent comparisons among MIIs. Availability and security hold the highest significance at 20% each, while other areas like integrity, governance, reliability, monitoring, business continuity, modularity, flexibility, scalability, and incident handling account for 10-5% each. The primary objective is to bolster oversight of IT systems and pinpoint potential weaknesses early on, enabling prompt corrective actions. MIIs are also required to establish an Early Warning System (EWS) to identify any declines in ITRI parameters that could result in service disruptions. The beta version of the ITRI framework has already been deployed, set to commence full operation alongside the EWS and real-time monitoring of service delivery by February 28 the following year. The inaugural ITRI computation will assess the half-year period ending March 31, 2027. MIIs must compute the index semi-annually within 60 days of the end of each half-year and submit a comparative analysis of the preceding two half-years. The Industry Standards Forum will establish baseline parameters, acceptable threshold scores, and Standard Operating Procedures (SOPs) for calculating the ITRI, incorporating an objective, data-driven scoring methodology. MIIs will also devise SOPs to monitor system availability and service continuity for market participants, promptly flagging any disruptions or deviations. Additionally, SEBI has synchronized its Incident Reporting Portal with the Format for Incident Reporting Exchange (FIRE) framework, enhancing the structure and standardization of cyber incident reporting. The portal allows for incident reporting across multiple stages, from initial filing to final closure, accepting comments in English and full sentences, adhering to community guidelines, and mandating the use of the regulator's Cyber Incident Reporting Portal in English.",
  "summary": "The ITRI framework, including an early warning system and real-time monitoring, will operationalise next year by February-end",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}