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Telecard Subsidiary Supernet Limited received SBP contract worth PKR100 million

admin-augaf by admin-augaf
December 8, 2021
in Business
Reading Time: 2 mins read
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Telecard Ltd 100% own subsidiary Supernet awarded contract by the SBP in IT and Cyber Security

Telecard Ltd 100% own subsidiary Supernet awarded contract by the SBP in IT and Cyber Security

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Karachi December 08, 2021: Telecard Limited is pleased to announce that its 100% owned subsidiary, Supernet Limited (“Supernet”), has been awarded contract by the State Bank of Pakistan (“SBP”) in IT and Cyber Security domain worth close to PKR 100 million. 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”).


A L S O || R E A D

Supernet Limited Telecommunications and Defense Business Unit gets Important contract




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 behavior 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 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.

Tags: BUSINESSfinancePakistanpakistan stock exchangePSX
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