The Pakistani government has issued a stern warning concerning theutilization of products and services originating from India within thecountry’s industry, fintech, and banking sectors. This advisory underscoresthe potential hazards associated with the adoption of Indian solutions,emphasizing that it could lead to the compromise of sensitive informationand expose these sectors to cyber-attacks and system breaches.
The advisory additionally highlights the global trend of incorporatingArtificial Intelligence (AI) products and services across variousindustries, particularly within the financial and banking sectors, tofoster enterprise growth. Surprisingly, it has come to light thatPakistan’s fintech sector, along with some banks, has been engaging withIndian-based companies, availing themselves of IT products, cybersecuritysolutions, and AI services.
Furthermore, the advisory underscores the perilous nature of utilizingIndian security products and solutions within Pakistan’s fintech, banking,and industrial landscape. These imported products may potentially harbormalware capable of not only pilfering critical data but also compromisingaccess control through passive monitoring mechanisms.
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In response to these concerns, the Federal Government has taken decisiveaction, urging federal and provincial ministries, as well as sectoralregulators, to educate their affiliated setups, organizations, andlicensees about the inherent risks associated with the adoption ofIndian-origin products and solutions in critical sectors. This advisoryserves as a clear signal of the government’s commitment to safeguarding thenation’s digital infrastructure and sensitive information.