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Single successful cyberattack could disrupt markets at national scale, shake public confidence: FM
Indian Finance Minister Nirmala Sitharaman urged SEBI to prepare for cybersecurity challenges, warning that a single successful cyberattack on market infrastructure could disrupt markets nationwide, erase wealth, and erode public confidence for years.
Why It Matters
The statement underscores systemic cybersecurity risks to financial markets and the need for regulatory preparedness to protect investor confidence.
Timeline
1 Event
FM Sitharaman calls SEBI to prepare for cybersecurity challenges
April 25, 2026
Union Finance & Corporate Affairs Minister Nirmala Sitharaman stated that SEBI must be ready to meet emerging cybersecurity challenges. She warned that a single successful cyberattack on a major exchange, depository, clearing corporation, or large broker could disrupt markets at a national scale, erase wealth, and shake public confidence in ways that take years to rebuild.