National Bank of Pakistan goes live deploys Rapid-7 Threat and Exposure Management Solution with Mutex Systems Private Limited

Karachi, February 10, 2021 (PPI-OT): In view of the on-going COVID-19 related global emergencies and the increasing pace of digitalization, the notions of ‘ proactive risk management’ and ‘attack kill chain’ have become increasingly pertinent and critical. An agile enterprise IT is exposed to cyber risk, adversarial attacks and similar exposures resulting from the dynamic nature of the underlying critical infrastructure and services the organization has to offer to its internal and external customers. This constant change poses challenges for security professionals in understanding and assessing the level of risk their organization is exposed to at any given moment. NBP recently went live with Rapid7 – Threat and Exposure Management solution which enables the bank to be on-point with cybersecurity validation, testing, remediation and response enabling a proactive stance when it comes to cybersecurity.

Mr. Amin Manji SEVP/CTO National Bank of Pakistan on the event remarked that “The Bank has a phenomenal team commendably supported by our partners that enable us to continuously enhance and strengthen our cyber security posture with reliability, scalability and agility offering our customers a secure digital experience. Rapid7’s Threat and Exposure Management capability enables us to preempt adversary tradecraft and manage vulnerabilities proactively. The Bank is committed to enhancing its threat-informed defense against attacker exploits to protect against, detect, and neutralize cyber-attacks proactively.”

The Threat and Exposure Management solution will not only enable National Bank of Pakistan to identify vulnerabilities and potential gaps in its underlying services infrastructure but will enable it to perform security validations on its web applications, systems, networks, ATMs and other critical infrastructural endpoints. Rapid7’s Threat and Exposure Management solution is built to anticipate these shifts in the way modern IT environments should be secured. It will offer the Bank insights into potential cyber risk, extend security umbrella across the enterprise, and contribute to shared progress amongst technical teams and management with key risk indicators pertaining to vulnerabilities and their potential to eventuate in the form of a cyberattack.

CEO / Co-Founder Mutex Systems Pvt Ltd. Mr. Yasir Raza commented that “Customer is number one priority for Mutex Systems, we have evolved as the most cost-effective and premier IT consultancy due to our deep-rooted technical knowledge. Having National Bank of Pakistan as our customer is a great achievement and we are honored to be part of NBP’s journey towards reaching new heights in cybersecurity arena.”
CTO / Co-Founder Mutex Systems Pvt Ltd. Mr. Sami Haider mentioned that “Securing the Bank’s infrastructure is just the beginning; securing and reducing its attack surface is the main goal, and Mutex Systems is committed to partnering with NBP on this journey.”

Rapid7 Threat and Exposure management solution is a bundle of its best-of-breed solutions including Metasploit, AppSpider and Nexpose as a product suite.
Metasploit- Attackers are always developing new exploits and attack methods – Metasploit penetration testing software helps you use their own weapons against them. Utilizing an ever-growing database of exploits, you can safely simulate real-world attacks on your network to train your security team to spot and stop the real thing.
AppSpider- Lets you collect all the information needed to test all the apps so that you aren’t left with gaping application risks. Our dynamic application security testing (DAST) solution crawls to the deepest, darkest corners of even the most modern and complex apps to effectively test for risk and get you the insight you need to remediate faster. With AppSpider on your side (or, rather, all of your sides), you’ll be able to scan all the apps today and always be ready for whatever comes next.

Nexpose – Vulnerabilities pop up every day. You need constant intelligence to discover them, locate them, prioritize them for your business, and confirm your exposure has been reduced. Nexpose, Rapid7’s onpremises option for vulnerability management software, monitors exposures in real-time and adapts to new threats with fresh data, ensuring you can always act at the moment of impact.

For more information, contact:
Vice President / Divisional Head (A)
National Bank of Pakistan (NBP)
Corporate Communication and Brand Management Division
Head Office, NBP Building, I.I. Chundrigar Road,
Karachi, Pakistan
Tel: +92-21-99220773
Cell: +92-300-8202184
Fax: +92-21-99212734
Email: ibne.hassan@nbp.com.pk
Website: https://www.nbp.com.pk/

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