Cybersecurity and System Audit for a SEBI-Regulated Broking Firm

This case study explores how QRC conducted cybersecurity and system audits for a SEBI-regulated broking firm operating across multiple exchanges. The firm faced overlapping circulars, repeated audit activities, and resource constraints that complicated timely reporting. QRC consolidated the applicable requirements into a tailored checklist and a single coordinated audit cycle. Key areas covered included:

• Analysis of exchange circulars and overlapping requirements
• A tailored checklist aligned with the firm’s business processes
• Coordinated cybersecurity and system audit execution
• Access controls, incident response, and security monitoring recommendations
• Collaboration and training for internal teams
• Audit reporting for the relevant exchanges

The consolidated approach reduced repetitive work and disruption to daily operations. The engagement enabled timely report submission and gave the firm actionable recommendations to improve cybersecurity practices, optimize audit resources, and prepare for subsequent compliance assessments.