According to the advisory, failure to implement robust cybersecurity measures may lead to operational disruptions, data breaches, and severe damage to a company’s credibility.

The SECP has outlined key measures that companies must prioritise, including:

• Strict control over system access
• Elimination of network vulnerabilities
• Proactive planning to respond to security breaches
• Awareness among employees and users regarding cybersecurity risks

The statement emphasised SECP’s commitment to safeguarding financial and information systems and called on all companies to take immediate and serious action to ensure the integrity of their networks.

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The commission warned that the evolving digital landscape requires heightened vigilance, and neglecting cyber protection could expose businesses to substantial risks.