December 8, 2021 (MLN): Telecard Limited’s 100% owned subsidiary Supernet Limited (SNL), has been awarded a contract worth Rs 100millin by the State Bank of Pakistan (SBP) in the IT and Cyber Security domain, company’s notice to PSX said on Wednesday.
As per the details, this contract involves supply, installation, maintenance and technical support of Next Generation Intrusion Detection and Protection Systems (IDPS) to secure SBP infrastructure from Advance Persistent Treats (APT).
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. In addition, the IDPS will provide remedial measures as and when any malicious behaviour is detected. This solution will operate by scanning all network traffic on SBP's gateways detecting and protecting against threats like DoS, DDoS, Worms and Viruses, additionally, creating a 2nd layer of defense to SBP's security framework.
It may be relevant to point out that the SBP has maintained the highest possible standards for vendor selection, amidst 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 cybersecurity domain within the financial sector, the notice said.
