The State Bank of Pakistan (SBP) is investing around Rs100 million in its cyber security architecture.
The central bank has awarded a contract in the information technology (IT) and cyber security domain to Supernet Limited, a subsidiary of Telecard Limited, according to a notice filed with the Pakistan Stock Exchange on Wednesday.
The contract comprises the supply, installation, maintenance, and technical support of Next Gen Intrusion Detection and Protection Systems (IDPS) to defend SBP structure against Advanced Persistent Threats (APT) according to the notification.
“SBP will be able to detect vulnerable exploits and unknown assaults emerging from any targeted system, application, or hardware using this IDPS solution.” It will also offer remedial activities if malicious behavior is detected.
A detection system and a preventative system make up the IDPS. The detection system analyses and monitors network traffic for signals that attackers are attempting to infiltrate or steal data from your network using a known cyberthreat.
IDS systems detect a variety of activities such as security policy violations, malware, and port scanners by comparing current network activity to a known threat database.
If a packet represents a known security hazard, the prevention system proactively blocks network traffic based on a security profile. An APT is a general term for an attack campaign in which an intruder, or a group of intruders, maintains a long-term unlawful presence on a network in order to harvest extremely sensitive data.
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