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Companies directed to adopt cybersecurity best practices

May 17, 2025
in Business & Finance
Companies directed to adopt cybersecurity best practices
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ISLAMABAD: To avert Indian cyber attacks on financial institutions of Pakistan, the Securities and Exchange Commission of Pakistan (SECP) has directed all companies to adopt cybersecurity best practices to avoid attacks on financial transactions and business operations.

The SECP has issued circular 10 of 2025 here on Friday.

According to the SECP’s circular, the SECP has issued an advisory to all the companies, in light of the recent geopolitical situation and resultant heightened cybersecurity threat alerts, urging companies to adopt cybersecurity best practices.

The advisory warns against the potential impact of failure to adopt such best practices including potential Operational Disruptions, Data Loss and Reputational Loss. The advisory also recommends measures such as stricter access control, reducing network vulnerabilities, building readiness for security incidents and creating awareness among the users.

SECP further urged companies to take immediate measures to safeguard their data and network integrity, and reaffirmed its commitment to safeguarding Pakistan’s financial and information infrastructure.

Copyright media, 2025

Tags: cybersecuritySECP
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