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PayPal to enter Pakistan via third-party app

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  • PayPal signs agreement with Payoneer in Pakistan.
  • Freelancers to recieve money via third-party app.
  • Information ministry also signs agreement with PayPal. 

ISLAMABAD: PayPal, which is an online payment system, has agreed to sign an agreement with another company in Pakistan through which freelancers will be able to receive money, The News reported Monday.

The company Payoneer — which is also a digital payment service — will secure the money earned by freelancers from abroad and remit it into the account of the recipient’s bank in the country.

It is yet to be seen how much this company Payoneer is going to charge on its services for transferring the amount from both sides — PayPal and working freelancers. 

Around 4 million freelancers are operating in the country out of which around 1.5 million work on a permanent basis. It has been considered a growing phenomenon in Pakistan, especially among youth equipped with IT skills.

The Ministry of Information Technology and Telecom also signed an agreement with PayPal for placing a framework to make this arrangement operational. The Ministry of IT & Telecom is going to announce this mechanism during this week on January 11, 2024.

Now the freelancers would be able to open dollar accounts but they would have to retain 50% amount in US dollars in their accounts. The caretaker government thus fulfilled one of the major demands of freelancers in the country. 

Federal Minister for IT & Telecom Dr Umair Saif stated in a video message that there was good news that Pakistani freelancers would be able to receive their money through PayPal.

“We have devised such a mechanism under which there would be no need to open up a PayPal account. Now anyone sitting outside Pakistan could send money through a PayPal account and then the money could be received in Pakistani banks,” he added. 

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Pakistan declares AI chatbots to be dangers to security.

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The National Computer Emergency Response Team (CERT) has released a security advisory concerning the increasing utilization of artificial intelligence (AI) chatbots, emphasizing potential hazards related to the exposing of private data.

The recommendation recognizes that AI chatbots, like ChatGPT, have gained significant popularity for personal and professional duties owing to their capacity to improve productivity and engagement. Nonetheless, the CERT cautions that these AI systems frequently retain sensitive information, so posing a danger of data breaches.

Engagements with AI chatbots may encompass sensitive information, such as corporate strategy, personal dialogues, or confidential correspondence, which could be compromised if inadequately safeguarded. The warning emphasizes the necessity for a comprehensive cybersecurity framework to alleviate concerns associated with AI chatbot utilization.

Users are advised against inputting critical information into AI chatbots and are encouraged to deactivate any chat-saving functionalities to mitigate the danger of unwanted data access. The CERT additionally advises performing routine system security checks and employing monitoring tools to identify any anomalous behavior from AI chatbots.

Organizations are urged to adopt rigorous security protocols to safeguard against possible data breaches resulting from AI-driven interactions.

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Unlawful VPNs: Terrorists Utilize Unregistered VPNs to Disseminate Propaganda

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Terrorists utilize illicit VPNs to disseminate propaganda and misinformation while concealing their identities.

Several accounts have been uncovered and are under investigation.

The cessation of non-registered VPNs is crucial for the nation’s economy.

The PTA is blocking illegal URLs and websites disseminating objectionable material upon verification.

Forensic investigations of websites have yielded startling results.

Disseminating erroneous information is more facile using unregistered VPNs.

Terrorists were exploiting these unverified VPNs.

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Air University Holds A Revolutionary Event For Students Focusing On Cybersecurity

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Air Marshal (R) Asad Lodhi has praised the Pakistan Cyber Security Challenge, an initiative by the Air University and Higher Education Commission that aims to train future cyber security experts and pioneers. At the opening ceremony of the two-day Pakistan Cyber Security Challenge, which took place at Air University in Islamabad, he was the chief guest.
Showdown challenges, the Ideas Cup, and the Pakistan Crypt Challenge are all part of the Pakistan Cyber Security Challenge, which lasts for two days.

Air Marshal (R) Abdul Moeed Khan, VC of Air University, made a speech praising the cyber security abilities of Pakistani youth, saying that they are among the best in the world and will help the country face cyber threats. A haven for cyber security excellence, he said, Pakistan Cyber Security Challenge 2024. Additionally, he praised the Air University for its innovative and outstanding work in this area.
At the inaugural ceremony of the Pakistan Cyber Security Challenge, Dr. Zia Ul Qayyum, executive director of the Higher Education Commission, also spoke to the crowd. He discussed how HEC has created a welcoming atmosphere and helped facilitate projects such as the Pakistan Cyber Security Challenge.
As part of the inauguration event, an MoU was also signed. Guests and participants were given souvenirs as the opening ceremony came to a close.

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