SEBI-Cyber-Security-Audit-KrishnaG-CEO

Understanding SEBI Audits: A Comprehensive Guide for FinTech C-Suite Executives

The regulatory landscape in India, especially in the financial technology (FinTech) sector, has witnessed rapid evolution in recent years. One of the key regulatory bodies overseeing the financial market’s functioning is the Securities and Exchange Board of India (SEBI). SEBI’s role in ensuring transparency, integrity, and efficiency in the market is paramount. For FinTech companies, especially those involved in securities trading, investment platforms, or digital financial services, understanding SEBI’s audit framework is crucial.
In this blog post, we will dive deep into the concept of SEBI audits, their significance, and the impact on FinTech companies. As C-suite executives in the FinTech space, you are responsible for overseeing strategic decisions that affect your company’s growth, compliance, and risk mitigation. A well-executed SEBI audit can not only safeguard your organisation from regulatory penalties but also enhance investor confidence and operational efficiency.

API-Security-Misconfigurations-KrishnaG-CEO

The OWASP Top 10 API Security Risks – 2023: API8:2023 – Security Misconfiguration

At its core, **security misconfiguration** occurs when the security settings of an API or its supporting systems are improperly configured or left at their default settings. APIs often rely on a wide range of underlying infrastructure, including web servers, databases, cloud services, and identity management systems. Each of these elements needs to be configured in line with security best practices to ensure the overall security posture of the API.

Misconfigurations can arise at any stage in the API lifecycle, from development to deployment, and they are not limited to a single type of vulnerability. They may involve poorly configured authentication mechanisms, incorrect access control settings, or vulnerabilities in third-party services integrated into the API ecosystem.

Insecure-Communication-KrishnaG-CEO

OWASP Top 10: M3 – Insecure Communication

Insecure communication occurs when sensitive data is transmitted without adequate encryption or protective measures. This vulnerability enables attackers to intercept, alter, or steal data during transmission, exposing organisations to financial losses, reputational damage, and legal liabilities.

Cryptographic-Failures-KrishnaG-CEO

The OWASP Top 10 (2021): Cryptographic Failures

Cryptographic failures occur when sensitive data is not adequately protected during storage, transit, or processing. These failures can arise from the use of outdated encryption algorithms, insecure storage of cryptographic keys, or improper implementation of encryption protocols. The vulnerabilities often stem from either a lack of awareness or neglect of best practices, leaving data exposed to unauthorised access. In the digital age, protecting sensitive data is not optional—it is a business imperative. Cryptographic failures are not merely technical flaws; they carry significant financial, legal, and reputational risks. By adhering to best practices, leveraging modern tools, and staying informed about evolving threats, software developers can safeguard data against adversaries and ensure compliance with stringent regulatory standards.

PenTest-IBM-DB2-KrishnaG-CEO

Penetration Testing IBM Db2 Warehouse

IBM Db2 Warehouse is a cloud-native, AI-driven data warehouse designed to handle enterprise-grade workloads with scalability and robust security. While its features like encryption, access controls, and compliance make it highly secure, even the most fortified systems must undergo regular security validation. This is where penetration testing (pen testing) plays a critical role.