IT-AI Industry / Pakistan is in fear of India's IT and AI, told its banks - there is a big threat

Zoom News : Sep 20, 2023, 10:30 AM
IT-AI Industry: These days, the government of Pakistan is under the threat of India's IT industry and Artificial Intelligence (AI). According to reports, the government of Pakistan has advised all IT and financial institutions, including regulators, to avoid using AI and IT products originating from India as they pose a 'significant threat' to Pakistan's Critical Information Infrastructure (CII). 'Can produce. According to the report, the government has informed relevant authorities about the threat through a 'cyber security advisory' shared with federal and provincial ministries, including regional regulators.

‘There has been a big threat to banking and CII’

The advisory issued by the Government of Pakistan states that globally, AI products and services are being used by various industries including the financial and banking sectors to accelerate enterprise growth. It said, 'It has been revealed that Pakistan's fintech sector, which also includes some banks, is linked with Indian origin companies offering them IT products, cyber security and AI solutions etc.' It said 'use of Indian security products/solutions' has been a major threat to Pakistan's CII, including the banking sector.

‘Pakistani companies need caution’

According to media reports, the Pakistan government has said that malware can be used to collect important information, so Pakistani companies need to be careful and also to avoid direct entry of India in Pakistan's CII. It is important to be careful. The Government of Pakistan has said that keeping all these things in mind, options related to the field of technology should be explored in Pakistan itself. In other words, the government has called upon its banks to make Pakistani tech companies an alternative to Indian companies.

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