Islamabad : – Securities and Exchange Commission of Pakistan (SECP) and the National Telecommunication Corporation (NTC) signed a Memorandum of Understanding (MoU) to enhance information sharing and cooperation, with a focus on bolstering cybersecurity posture and initiatives for both organizations.
The signing ceremony was held at the NTC Headquarters. The event was attended by the Managing Director NTC, Maj Gen (R) Ali Farhan, SECP Commissioner Mr. Mujtaba Ahmed Lodhi, and senior officers from both organizations.
The MoU establishes a framework for bilateral cooperation in several key areas of mutual interest. These initiatives include promoting joint deliberation on emerging cybersecurity threats, trends, and mitigation strategies; exchanging technical insights and best practices to enhance cybersecurity; and advancing digitalization efforts to facilitate businesses and users. Furthermore, the collaboration will focus on capacity building for threat detection and response, research and innovation in cybersecurity technologies, and the improvement of audit and compliance related to standards like ISO 27001. It also covers capacity building for emergency response and cyber incident handling, as well as collaboration on the establishment and operation of Sectoral CERTs in line with national rules.
This agreement represents a significant step toward increased coordination between the SECP and NTC in cybersecurity matters. It builds upon NTC’s past support to the SECP and paves the way for future collaboration on national-level cybersecurity initiatives.
The Managing Director NTC, Maj Gen (R) Ali Farhan, speaking at the occasion, highlighted NTC’s successful collaborations across various sectors, noting that such partnerships are essential for building a secure and efficient digital infrastructure. “By leveraging our collective strengths, we can not only optimize service delivery but also ensure that critical data and infrastructure remain protected from unauthorized access and exploitation,” he emphasized.
SECP Commissioner, Mr. Mujtaba Ahmad Lodhi, applauded NTC’s proactive efforts in creating a safe and secure digital ecosystem in the country. He thanked NTC for its support and highlighted the significance of collective efforts by all regulatory bodies. He also stressed that awareness campaigns are a critical element in strengthening overall cybersecurity measures and protecting national infrastructure.
Both the SECP and NTC expressed their firm commitment to engage regularly and coordinate on matters of mutual interest.
Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.
