Strengthening cyber resilience with Elastic Security and Observability
India's financial institutions face new cybersecurity requirements with SEBI's Cybersecurity and Cyber Resilience Framework (CSCRF). The framework applies to a wide range of SEBI-regulated entities and emphasizes governance, threat management, recovery, and continuous improvement. Compliance deadlines are set for January and April 2025, requiring proactive implementation of cyber resilience capabilities. Elastic's unified Security and Observability solutions offer tools for threat detection, incident response, and capacity planning to meet CSCRF mandates. The framework mandates SIEM solutions, 24/7 SOC monitoring, and strong API security, which Elastic supports with features like Elastic Security for SIEM. Incident response and recovery are aided by automated playbook execution and context-rich RCA tools within the Elastic platform. Capacity planning and resiliency are enhanced through real-time infrastructure monitoring and AI-powered AIOps for anomaly detection. Continuous improvement is supported by tools for threat hunting, intelligence feeds, and red teaming simulations. Elastic's scalable and AI-driven technology can help financial institutions achieve CSCRF compliance and enhance overall cyber resilience. Elastic offers a free trial for institutions to explore its capabilities and prepare for the new regulations.