SEBI Discovers Significant Cybersecurity Violations at Reliance Securities and Imposes Fines
Reliance Securities Penalized for Cybersecurity Deficiencies The Securities and Exchange Board of India (SEBI) has levied a ₹5 lakh ($6,000) fine against Reliance Securities Limited due to serious inadequacies in its cybersecurity and data protection practices. This regulatory action, originating from a thematic inspection conducted by SEBI from April 1,…