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During an incident, different teams can describe the same event using different labels. That makes coordination harder precisely when the information is incomplete.
SEBI’s circular of 24 August 2026 aligns its cyber-incident portal with the Financial Stability Board’s FIRE format. It describes common fields, definitions and incident classifications, with reporting across initial, intermediate and closure stages. Read the circular.
Preserve what is known and unknown
A useful incident record distinguishes observations from hypotheses. Capture when the issue was detected, which services appear affected, what evidence was preserved and which questions remain open.
For example, an unavailable dashboard does not immediately establish a data breach. Record the observed failure separately from an unconfirmed cause so later investigation does not have to unwind an early guess.
Update the record as evidence changes
Keep a timeline rather than overwriting the original note. A corrected scope or cause should be identifiable as a correction. Assign an owner to maintain the record and coordinate the next update.
Match the actual obligations
The circular applies to covered regulated entities and must be read with the applicable cybersecurity framework and subsequent updates. Do not assume that this short explanation establishes your organisation’s reporting duties or deadlines.
Our operational takeaway is to prepare a coherent evidence and escalation process before a disruption. Source checked on 14 October 2026; use the official framework for a compliance assessment.
