Security Consulting & Compliance
SEBI Compliance Audit
SEBI CSCRF audit for brokers, RIAs, AMCs and market infrastructure institutions.
Every engagement includes manual validation, a two audience report and free re-testing.
Get a scoped quote+91 96682 00222What this actually is
SEBI's Cybersecurity and Cyber Resilience Framework consolidated a set of older circulars into one regime covering brokers, depository participants, mutual funds, RIAs and market infrastructure institutions.
It is more prescriptive than most Indian frameworks. Governance structures, SOC coverage, VAPT frequency, incident reporting windows and audit trails are all specified, and the obligations scale with your category.
We have delivered this for a platform serving more than 1.7 million retail users, so we know what the exchange reviewers ask for and where submissions usually get sent back.
What we go after
- Category determination and applicable obligations
- Governance structure and board oversight evidence
- SOC coverage and monitoring requirements
- VAPT scope and frequency as mandated
- Trading platform and API security testing
- Data localisation and retention
- Incident reporting within the specified window
- Cyber audit and submission preparation
How we run it
- 01
Gap assessment
We measure you against the standard as it is actually audited, not as it reads on paper.
- 02
Remediation plan
Every gap gets an owner, an effort estimate and a date. You decide what lands this quarter.
- 03
Implement and evidence
We write the policy, build the control and collect the artefact that proves it is working.
- 04
Internal audit
A dry run under audit conditions, so nothing in the real one is a surprise.
- 05
Certify and maintain
We sit on your side of the table for the audit, then keep the evidence current between cycles.
What you receive
- CSCRF gap assessment for your category
- Remediation roadmap mapped to deadlines
- VAPT report in the required format
- Cyber audit report for submission
- Board and committee reporting pack
Who needs this
Stock brokers, depository participants, mutual funds, AMCs, registered investment advisers and market infrastructure institutions.
How long it takes
Eight to sixteen weeks including the audit submission.
Standards this satisfies
- SEBI CSCRF
- CERT-In
- ISO 27001
- NSE and BSE requirements
Why it matters
Almost nobody starts a certification because they want one. It starts because a customer will not sign without it, a regulator has asked, or a deal is sitting still while procurement waits for evidence. The commercial driver is real and it is worth being honest that it, rather than security, is usually what pays for the programme.
The security benefit is real too, but it comes from a specific place: the discipline of having to evidence that a control operated over a period, rather than that it was configured once. That is the part that changes behaviour, and it is also the part organisations consistently underestimate.
Choose how you want this delivered
Most of the price difference between quotes comes down to this one choice, and it is rarely explained. Pick one to see what it covers, what it suits and what it costs you.
Gap assessment, then we work alongside your team through remediation, internal audit and the certification audit itself. Your people do the work and own the outcome, which is what makes the management system survive after we leave. This is what most organisations should choose.
Choose this when
- You have a team who can absorb the work alongside their day job
- You want the capability to remain in-house afterwards
- First certification where documentation is the main gap
Effort and cost
Moderate. The calendar is longer than a managed programme because the work competes with everyone's existing responsibilities.
Scope it yourself, before you call anyone
Answer a few questions and you get an indicative number, the working behind it and what your answers tell us. It runs in your browser, so nothing you type reaches us.
Which framework are you going for?
What we look for, and keep finding
These are the classes of problem this work exists to surface. Not every engagement finds all of them, but these are the ones that turn up often enough to be worth naming.
Controls that exist on paper only
The policy says quarterly access reviews. The evidence shows one, eighteen months ago, and it was not completed. This is the single most common audit finding across every framework.
Scope drawn too narrowly
A certificate covering a subset of the business that customers assume covers all of it. Auditors check the boundary; buyers rarely do. Getting scope right is the most consequential early decision.
Evidence that cannot be reproduced
A screenshot proves a control was configured on the day someone took it. A framework wants proof it operated throughout the period. Those are very different, and the gap only appears at the audit.
Exceptions with no expiry
Risk accepted once, recorded, and never revisited. Over a few years these accumulate into an undocumented second control framework nobody is managing.
Third parties outside the boundary
Processing carried out by a supplier who was assessed at onboarding and never since, while your obligation for their handling of your data continues regardless.
Who runs your engagement
A lead assessor who has sat on the other side of the table
Compliance work is led by an assessor who has taken organisations through certification, not by a consultant reading the standard for the first time with you. They know which findings a certification body will actually raise, which is a different list from what the standard technically says.
Questions we get asked
How often do we need VAPT under CSCRF?
It depends on your category, and the framework also requires testing after significant change. We map your exact cadence at the start so nothing is missed.
Can you file the submission for us?
We prepare the audit report in the required format and support the submission. The filing itself is made by your compliance officer, as the framework requires.
Often scoped alongside
- CERT-In Cyber Security AuditCERT-In empanelled audit and certification for government and regulated entities.Read more
- ISO 27001 Audit & CertificationISMS design, implementation, internal audit and certification support end to end.Read more
- ISO 27017 Compliance AuditCloud-specific security controls for providers and customers.Read more
- ISO 27018 Compliance AuditProtection of personally identifiable information in public clouds.Read more
Ready to scope your sebi compliance audit?
Thirty minutes with a senior engineer, and you leave with a written scope and indicative effort.