National Institute of Securities Markets Introduces Two Cyber Security Certification Courses for GIFT IFSC

Key facts

• The National Institute of Securities Markets (NISM) launched two certification courses on cyber security and cyber resilience for the GIFT IFSC — NISM-IFSCA-02A (Basic) and NISM-IFSCA-02B (Advanced) — launched by NISM Director Sashi Krishnan and IFSCA Chairperson K. Rajaraman.
• The Basic course, effective from November 18, 2026, covers foundational cybersecurity topics including AI and quantum computing; its exam has 50 questions of one mark each, lasts 60 minutes, and requires 50% to pass.
• The Advanced course, effective from December 30, 2026, focuses on governance, risk management, cyber incident preparedness and regulatory requirements; its exam has 80 multiple-choice and three case-based questions, lasts two hours, and requires 60% to pass.
• The Basic examination fee is ₹1,180 inclusive of taxes with certification valid for two years, while the Advanced fee is ₹2,950 inclusive of taxes with certification valid for three years.