Sebi imposes Rs 1 crore penalty on CDSL over 2022 malware attack
- Posted on July 20, 2026
- By Business News Today
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- 1 min read
In brief
India's securities regulator SEBI has sanctioned the Central Depository Services Limited with a substantial Rs 1 crore fine following a significant cybersecurity breach in 2022. The malware incident exposed critical vulnerabilities in the depository's infrastructure, affecting market settlement operations and investor confidence. SEBI's investigation revealed systematic deficiencies including inadequate system protection, insufficient access management protocols, and inadequate real-time security surveillance mechanisms, all of which contravened established cybersecurity compliance standards.
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Sebi imposes Rs 1 crore penalty on CDSL over 2022 malware attack
Sebi has imposed a Rs 1 crore penalty on CDSL for cybersecurity failures that enabled a 2022 malware attack, disrupting depository operations and market settlements. The regulator cited inadequate protection of critical systems, weak access controls and poor security monitoring despite prescribed cybersecurity requirements.
