Call us now:
Indian regulators are taking a descriptive approach to cyber incident reporting. Setting a window of 6 hours to report an incident from when it is detected and defining specific categories of cyber incident that should be reported. The new rules also require virtual asset service providers, such as cryptocurrency exchanges, to maintain five-year logs of know-your-customer (KYC) data and information on every financial transaction so that individual transactions can be reconstructed in case of a cyber incident. With penalties that include imprisonment and fines.
Ted Dziekanowski
#cybersecurity #legalcyber #regulation
View Original Post
https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6925702999398862848