Supernet secures multi-million-dollar cybersecurity contract from major bank

TECHNOLOGY

Supernet Secure Solutions (Pvt.) Limited, a subsidiary of Supernet Technologies Limited, has been awarded a five-year contract by one of Pakistan’s largest banks, the company reported to the Pakistan Stock Exchange. The contract pertains to an advanced cybersecurity solution.

The company said: Supernet Technologies Limited is pleased to inform you that its subsidiary, Supernet Secure Solutions (Private) Limited, has been awarded a five-year contract by one of Pakistan’s largest banks to provide an advanced cybersecurity solution.

This contract represents the second tenure of the engagement, following the successful execution of an earlier five-year contract awarded in 2021. The renewed mandate encompasses an enhanced and more advanced version of the cybersecurity solution, further strengthening the client’s security
posture.

The contract, valued in the multi-million US dollar range, involves the deployment of endpoint security solutions designed to safeguard over 10,000 employees nationwide, addressing one of the most critical vectors of cyber risk.

In addition to this contract, Supernet Secure Solutions is currently delivering a three-year privileged access management solution to the same client and has also supported its international operations with various cybersecurity services.

This long-term and repeat engagement reflects the continued confidence of the client in the Company’s capabilities and reinforces its position as a trusted provider of cybersecurity solutions in the financial services sector, the posting said. – ER News Desk

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