A special, ‘learning from experience’ Zoom session on Cyber-attacks.

“A special, ‘learning from experience’ Zoom session on Cyber-attacks held by PBA on February 28, 2022, for Members.”

Mr Amin Manji, Chief Technology Officer (CTO) of National Bank of Pakistan (NBP), made a presentation based on lessons learnt by NBP from their recent experience of handling a cyber-attack on October 30, 2021.

Mr Manji detailed how the anomalies were detected in his bank’s server infrastructure by the monitoring team and the subsequent realization that the Bank had become a target of malicious cyber actors.

The crucial need to counter such attacks and conduct an information system audit and penetration testing to gauge/maintain readiness in combatting cyber-attacks was earlier discussed in a meeting held in November ’21, at SBP, which was chaired by the Governor SBP and Director General FIA, with Presidents of select banks/MFBs attending along with senior officials from SBP and FIA. 

The PBA Zoom session on cyber threats was attended by CIOs/CISOs of 39 member banks of PBA. CEO/SG PBA, Mr Tawfiq Hussain, moderated the session and a Q&A session was held subsequent to the presentation of Mr Manji in which 14 banks raised questions which were responded by Mr Manji.