SEBI has discontinued the Investor Risk Reduction Access (IRRA) platform for stock brokers with immediate effect. The regulator said the system has become redundant as the securities market has strengthened business continuity and cyber resilience frameworks. The move signals tighter reliance on updated risk and resilience mechanisms rather than a separate access platform for brokers.
AI has turned trust into a cyber weakness, enabling deepfake-driven fraud where voice, video, and identity look real enough to approve millions. A real case saw a $25M+ loss after an AI-made meeting duped a finance executive. As deepfake tools become “as-a-service,” security shifts from identity checks to intent-based verification, layered approvals, and behavioral detection.
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