Islamabad – Zarai Taraqiati Bank Limited (ZTBL) has announced a strategic partnership with Wateen to establish a state-of-the-art Security Operations Centre (SOC). This initiative aims to safeguard ZTBL’s critical digital infrastructure and enhance the security of data belonging to over half a million customers.
The agreement was signed on Friday by Tahir Yaqoob Bhatti, President and CEO of ZTBL, and Adil Rashid, CEO of Wateen, marking a significant milestone in strengthening cybersecurity in Pakistan’s financial sector.
ZTBL, known for pioneering digital banking innovation in Pakistan, offers a comprehensive range of modern banking services, including internet banking, WhatsApp banking, mobile banking, ATM services, tablet-based mobile applications, digital onboarding, and USSD-based banking. The new SOC will provide round-the-clock monitoring, advanced threat detection, and rapid incident response to ensure the security of the bank’s digital assets.
Speaking at the signing ceremony, ZTBL President Tahir Yaqoob Bhatti highlighted the importance of cybersecurity in maintaining customer trust.
“Protecting our customers’ trust and securing their data are our top priorities. This partnership with Wateen will enhance our cybersecurity framework, enabling us to maintain the highest standards while continuing to empower Pakistan’s agriculture sector through innovative digital services,” he said.
Adil Rashid, CEO of Wateen, underscored the increasing prevalence of cyber threats and the importance of robust security measures in the financial sector.
“Cyberattacks are evolving, making strong cybersecurity an absolute necessity. With this collaboration, we aim to fortify ZTBL’s cybersecurity infrastructure and safeguard its critical data. Our goal is to set a new benchmark for cybersecurity in the financial industry,” Rashid remarked.
The partnership reflects a shared commitment to leveraging advanced technologies for greater resilience against cyber threats, ensuring that ZTBL continues to serve Pakistan’s agricultural and rural sectors with secure and reliable banking services.
