The Securities and Exchange Board of India (SEBI) announced a new framework for the Adoption of Cloud Services by SEBI Regulated Entities (REs) on Mar 6, 2023. The new framework requires regulated entities to:
- Compulsorily use Hardware Security Modules (HSM) and Key Management Systems (KMS) to store encryption keys and to secure cloud data effectively.
- Ensure "In-use" data protection through encryption.
- Retain control of keys when using cloud services, using either Bring-Your-Own-Key (BYOK) or Bring-Your-Own-Encryption (BYOE) approaches.
FX Webinar: The Securities and Exchange Board of India (SEBI) Framework for Cloud Services Adoption
How can Fortanix help?
As you shift your applications to new infrastructures, you need a solution that can protect all your data on-premises and in the cloud. The Fortanix Data Security Manager (DSM) platform delivers unified HSM, Key Management, Encryption, and Tokenization solutions for your hybrid and cloud-native applications. It is DevOps/SecOps friendly, easy to use, and enables customers to centrally implement and manage multiple data security capabilities from a single console.
Customers can choose the flexibility of a SaaS platform, or opt for a virtual or physical appliance. Powered by Confidential Computing technology using Intel® SGX secure enclaves, data always remains secure, whether it is at rest, in transit, or in use.