NCCPL and NCCS-NED have signed an MoU to develop Information Security products in Pakistan
National Centre for Cyber Security (NCCS) has been established by the Government of Pakistan to play a leading role in securing Pakistan's cyberspace and making Pakistan world's premier nation in Cyber Security. NCCS, in collaboration with NED University, initiated a project to develop Information Security products indigenously in Pakistan.
National Clearing Company of Pakistan Limited (NCCPL) being a significant institution of Pakistan's Capital Market providing automated clearing and settlement services to the Pakistan Stock Exchange Limited, has joined hands with NCCS-NED University to inculcate national cause of developing Information Security products in Pakistan.
Prof. Dr. Muhammad Tufail, Pro Vice Chancellor, NED University and Mr. Muhammad Lukman, CEO NCCPL signed a Memorandum of Understanding between NCCPL and NCCS-NED on 20 February 2020 at NCCPL Office.
In accordance with the MoU, NCCPL will share its technical expertise and provide certain logistic arrangement to NCCS-NED to develop and customize Information Security products according to market need.
This joint venture is well aligned with Pakistan's Prime Minister's vision of promoting local products & researches, which will not only make our nation IT and Cyber Security self-reliant but will help in significantly reducing import of Information Security products.
NCCPL senior management, Virtuosoft CEO Mr. Shoaib Ur Rehman, and Director IT NED Dr. Asad Arfeen were also present at the occasion to witness the ceremony and support the vision of the Prime Minister of Pakistan.