🔐 SECP Cybersecurity Advisory: Urgent Action Required to Mitigate Rising Cyber Threats

📢 Attention All PSX-Listed Companies, Brokerages & Investors:

The Securities and Exchange Commission of Pakistan (SECP) has issued Cybersecurity Advisory Circular No. 10 of 2025 (May 12, 2025), mandating immediate action to counter escalating cyber risks. As geopolitical tensions amplify threats to Pakistan’s financial sector, non-compliance could expose your business to operational disruptions, data breaches, and reputational damage.

🚨 Key Risks Highlighted by SECP

Operational Disruptions: Cyberattacks may halt financial transactions and critical operations.
Data Breaches: Sensitive investor/business data leaks leading to fraud.
Loss of Trust: Erosion of client confidence due to poor cyber hygiene.

🛡️ SECP’s 7 Critical Measures for Compliance

Multi-Factor Authentication (MFA): Enforce MFA for all systems handling sensitive data.
Phishing Awareness: Train staff to identify fake URLs/emails, especially on WhatsApp/Social Media.
Vulnerability Testing: Conduct penetration tests on websites and critical IT infrastructure.
Endpoint Protection: Deploy advanced firewalls/antivirus with regular updates.
Incident Response Plan: Maintain offline backups and monitor networks for anomalies.
System Hardening: Patch software and disable unnecessary services.
Collaborate with CERT: Report threats to Pakistan National CERT.

⚠️ Why This Matters for PSX Investors & Firms

Brokerages: Unauthorized trading and platform outages often stem from cyber intrusions.
Investors: Demand transparency from your brokers about their cybersecurity protocols.
Legal Liability: Failure to adopt SECP guidelines may violate Section 40(B) of SECP Act.

📌 Call to Action

Review the Full Circular: Download Here
Audit Your Systems: Prioritize MFA, employee training, and backups.
Report Suspicious Activity: Contact SECP Complaints Portal or Punjab Fraud Cell (042-99212552).

🔗 Share this alert to protect Pakistan’s financial ecosystem. An informed market is a secure market.

#CyberSecurity #PSX #SECP #InvestorProtection #KASBinfo

(Disclaimer: This post is for awareness. Consult SECP-licensed advisors for compliance.)

KASB.info – Empowering Investors with Vigilance & Integrity
📍 Lahore, Pakistan | 🌐 www.kasb.info

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About the Author Kashif Mukhtar

Kashif Mukhtar is a digital strategist, legal tech advocate, and the visionary founder behind KASB.info — a platform dedicated to exposing broker fraud, educating global traders, and demanding accountability in the online trading space.
With over 15 years of experience in web development, plugin engineering, and digital forensics, Kashif has completed 560+ client projects across 20+ countries. 🎓 Holding a Bachelor’s degree in Computer Science (BCS Hons.), Kashif also earned credentials from Google and Harvard's CS50x Computer Science Program, solidifying his place as a forward-thinking innovator with a deep understanding of digital systems, cyber law, and security.

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