SBP issues ‘Security of Digital Payments’ for banks/MFB in the wake of recent cyber attacks
SBP on Wednesday issued “Security of Digital Payments’ in order to safeguard banks/MFBs and their customers from potential losses due to cyber-crimes and online banking frauds.
Govt wants to establish ICT SEZ on priority basis in Islamabad
As per data accumulated by the central bank, the export of IT and related services rose to $1.067 billion in FY18 against $939 million in FY17, posting a 13% increase
Possible fraud causes banks to disable int’l ATM transactions
So far no other bank has reported any cyber attack or fraudulent activity within their accounts.
Chip sector slowdown hits Swiss tech group Comet
Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.
BankIslami becomes victim of $6.5 million cyber-attack
Transactions of approximately $6 million as claimed by the international payment scheme have been denied by the bank.
ICCI asks govt to provide interest free loans to youth for business startups
ICCI president said that 60 percent of our population was comprised of youth and government should create an enabling environment to engage youth in entrepreneurial activities
Alibaba vs Tencent in Pakistan?
The battle between China’s internet giants is about to come to Pakistan, and transform the country’s tech industry… but who will it be good for?
HNL contemplating right shares issue of Rs140 million for Hum Mart
In late February, HNL had announced the incorporation of HM as its wholly-owned subsidiary and enter the online grocery business in Pakistan
What comes next in Facebook’s major data breach
Facebook confirmed late Friday that third-party apps, including its own Instagram app, could have been affected
Govt’s tax collection can go through the roof
From an academic to leading Punjab’s digital revolution, PITB Chairman Umar Saif has overseen the largest land record digitisation in Pakistan in an effort to not just end corruption and land grabbing but in a bid to promote land as a liquid asset
Dawood Hercules backs off Rs17.453 billion deal with Edotco Pakistan
At end of August 2017, DHCL in partnership with Edotco entered into an agreement with Veon Pakistan Limited to acquire its wireless tower business in Pakistan for $940 million.
CPEC digital information channel fully connected
'On July 13, the 2,950-kilometer-long China-Pakistan optical cable from Urumqi to Rawalpindi was fully connected and tested well.'
BEIJING: The 'China-Pakistan Economic Corridor (CPEC)...
PTI earmarks $2 billion for e-governance systems
The incoming government in its manifesto said it intends to create 10 million jobs over the course of next five years
Zong 4G partners with Daewoo Express
Zong 4G and Daewoo Pakistan Express Bus Service recently entered into a strategic partnership to enhance connectivity on-the-go.
98pc increase in budget allocation to boost IT sector
All the projects were funded by the indigenous resources of the government and not a single penny is taken as a foreign grant, revealed the budgetary document