NSE chief asks brokers’ body to set up a task force against AI cyberattacks
The National Stock Exchange chief addressed ANMI's annual convention in Mumbai, announcing that NSE is reviewing all network components for vulnerabilities. He urged stockbrokers to establish a dedicated task force to counter AI-powered cyberattacks and emphasized the growing threat from quantum computing in the next 2-3 years. The directive comes as SEBI has already issued cybersecurity frameworks for the financial sector, though specifics on how the proposed task force would complement existing regulations were unclear.
Key points
- NSE reviewing all network components for vulnerabilities
- Stockbrokers asked to form task force against AI cyberattacks
- Quantum computing posed as emerging threat to cryptographic systems within 2-3 years
- NSE pledges support to brokers strengthening cybersecurity
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