KARACHI:Telecard Limited’s 100 percent owned subsidiary, Supernet Limited (“Supernet”) has been awarded contract by State Bank of Pakistan in information technology and cyber security domain of around worth Rupees 100 million. The contract involves supply, installation, maintenance and technical support of next generation Intrusion Detection and Protection Systems to secure SBP Infrastructure from advance persistent treats, said Supernet’s notice to Pakistan Stock Exchange.
The companies listed on PSX are bound to disclose material information to the exchange about any development with them under section 96 and 131 of the Securities Act- 2015 and Clause 5.6.1(a) of Rule Book of Pakistan Stock Exchange Limited.
This IDPS solution will provide SBP with state-of-the-art deduction of vulnerable exploits and unidentified treats originating against any targeted system, applications or hardware.
It will also provide remedial measures, as and when any malicious behavior is detected. This solution will be operated by scanning all network traffic on SBP’s gateways detecting and protecting against threats like DoS, DDoS, Worms and viruses, additionally, creating a second layer of defense to SBP’s security framework.
SBP has maintained the highest possible standards for vendor selection, amidst stiff technical evaluative process and Supernet’s emergence as successful bidder is a testament that it has the capability and capacity to undertake this project, paving the way for similar contracts in this sensitive cybersecurity domain within the financial sector.