Thousands of cyberattacks blocked every month
1Link, a major digital transaction processor in Pakistan, reports that it successfully blocks thousands of cyberattacks monthly. As digital payments surge, the company emphasizes the necessity of advanced cybersecurity to protect billions of annual transactions.
Why it matters
As developing nations transition to digital economies, the security of backend financial infrastructure becomes a critical pillar for national economic stability.
--> Home Business Thousands of cyberattacks blocked every month With surge in digital payments, hackers become more active to exploit trend for illicit gains
facebook --> twitter --> whatsup --> linkded --> email MORE (3) Messenger Whatsapp --> KARACHI: 1Link's system is actively combating the growing threat of hacker attacks amid the rising trend of digital payments in the country and blocks thousands of cyberattacks every month.
1Link Chief Digital and Technology Solutions Officer Azimullah Khan, whose organisation provides backend support for digital transactions to financial institutions, told The Express Tribune in an interview that the rise of artificial intelligence and the emergence of chatbots had further increased the importance of cybersecurity.
He said digital transactions and fund transfers were increasing in Pakistan, as elsewhere in the world, but hackers had also become more active in an attempt to exploit the trend for illicit gains.
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