Advertisement
Advertisement
Advertisement
Advertisement
SBP awards Rs100 million contract to Supernet for IT, cyber-security domain

SBP awards Rs100 million contract to Supernet for IT, cyber-security domain

SBP awards Rs100 million contract to Supernet for IT, cyber-security domain
Advertisement

KARACHI: The State Bank of Pakistan (SBP) has awarded a contract worth Rs100 million for IT and cyber-security domain to Supernet Limited, a bourse filing said on Wednesday.

The contract involves supply installation, maintenance and technical support of the next generation intrusion detection and protection systems to secure SBP infrastructure, it added.

“Telecard is pleased to announce that its 100 per cent-owned subsidiary, Supernet Limited, has been awarded a contract by the State Bank of Pakistan (SBP) in the IT and cyber-security domain worth close to Rs100 million,” the filing said.

“This contract involves supply, maintenance and technical support of the Next Generation Intrusion Detection and Protection Systems (IDPS) to secure [the] SBP infrastructure from Advance Persistent Treats (APT).”

The IDPS system will protect the SBP systems from unidentified threats originating against any of the SBP system, application and hardware, and will help the central bank with remedial measures if and when a malicious behaviour is detected.

Advertisement

The system will protect the SBP network from viruses and other dangerous elements, along with creating a second layer defence to its security network.

“The SBP has maintained the highest possible standards for vendor selection, amid stiff technical evaluative process and Supernet’s emergence as [a] 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 cyber-security domain within [the] financial sector,” the filing said.

Telecard Limited is a premium enterprise solutions provider that offers a wide range of telecommunication and ICT/technology products and solutions across all industry verticals and business segments.

Launched in the mid 90’s as a payphone operator, Telecard has evolved over the years to become one of the most experienced telecom operators in Pakistan; with licensed long distance and international and local loop services combined with end-to-end corporate voice and data solutions.

Supernet offers security-as-a-service through a subscription model to deliver cost-effective solutions. Its services offer advanced threat and critical asset protection, compliance and cyber-security risk management and security operations services.

Also Read

SBP signs deposit agreement with Saudi fund
SBP signs deposit agreement with Saudi fund

KARACHI: The State Bank of Pakistan (SBP) and the Saudi Fund for...

Advertisement
Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Follow us on Google News.


End of Article

Next Story