The National Commodity & Derivatives Exchange Limited (NCDEX) on October 14, 2024, issued a circular regarding Cyber Security and Cyber Resilience Audit of Trading Members (Type-III).
The following has been stated: -
•The members must submit a Cyber Security and Cyber Resilience audit report per the norms specified below.
•Last Date of Submission for QSB & Non-QSB for the Preliminary Audit report is November 30, 2024, and for Corrective Action Report is February 28, 2025.
•Submission of Cyber Security and Cyber Resilience Audit Report shall be considered complete only after the trading member submits the report to the Exchange after providing management comments.
•Further, the auditor must provide compliance status for each TOR item as Compliant/ Noncompliant /Not Applicable and in case of any TOR item which is not applicable, the auditor is required to justify the non-applicability of said TOR
The detailed circular is given in the document below.
[Circular No. : NCDEX/Member Tech Compliance-009/24]
