Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Aussie climbs, yen drops as US government shutdown approaches end

November 10, 2025

Oil steadies on US government shutdown talks progress, with ongoing oversupply concerns

November 10, 2025

Jim Cramer’s top 10 things to watch in the stock market Monday

November 10, 2025
Facebook X (Twitter) Instagram
Monday, November 10
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » FBR tells taxpayers: Avoid easily predictable passwords – Business & Finance
Economist Intelligence

FBR tells taxpayers: Avoid easily predictable passwords – Business & Finance

adminBy adminOctober 29, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 17


ISLAMABAD: The Federal Board of Revenue (FBR) has strongly advised taxpayers to avoid setting passwords that are easy to predict, such as those containing their name or date of birth.

In a clarification issued on Tuesday, the FBR stated that all critical servers and data storage facilities of the FBR are equipped with advanced Endpoint Detection and Response (EDR) solutions and multi-factor authentication mechanisms.

The FBR further cautioned that despite all the above-mentioned security features and mechanisms in place, taxpayers are strongly advised, in their own interest, to avoid setting passwords that are easy to predict, such as those containing their name or date of birth. They are also advised to use multiple combinations of alphanumeric and special key combination of passwords, avoid setting the same password across multiple platforms, and to keep their passwords secure as no security system can detect the theft of a password or misuse of a stolen passwords.

It has been observed that in multiple print and electronic media outlets, a misleading news is circulating regarding the alleged vulnerability of FBR’s IT system, wrongly claiming that the entire system has collapsed and is under the complete control of cybercriminals. FBR categorically denies such reports and the incorrect interpretation of the order issued by the Federal Tax Ombudsman.

To set the record straight and to inform the general public, it is clarified that in the cited case, the password of the complainant was in the custody of the taxpayer, and the misuse of that password occurred due to a security lapse on the part of the taxpayer, not the IT system of FBR. The password was misused while in the possession of the taxpayer, and not obtained from the FBR database. It is also pertinent to mention that the discrepancy was first detected by FBR’s own Intelligence and Investigation Wing due to the irregular filing pattern of the taxpayer.

It is further clarified that a comprehensive overhaul of the security processes of the IT system was carried out in December 2024. The IT infrastructure of FBR operates under state-of-the-art Security Information and Event Management (SIEM) and Security Orchestration, Automation, and Response (SOAR) systems. All critical servers and data storage facilities are equipped with advanced Endpoint Detection and Response (EDR) solutions and multi-factor authentication mechanisms. In addition, highly advanced logging mechanisms have been deployed, which make it impossible to access the system through any backchannel or make any changes to the core data of FBR without the generation of log in the system.

In this regard, a complete third-party security audit of FBR’s IT system was conducted between January and February 2025, and all critical vulnerabilities have already been patched. A key workflow modification was introduced in May 2025, which generated a QR code-based authentication that was temporarily discontinued following requests received from tax bar associations, the FBR added.

Copyright Business Recorder, 2025



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

China suspends ‘special port fees’ on US vessels – Markets

November 10, 2025
Economist Intelligence

Pakistan’s net metering generation surges over 100% in Sept 2025 – Markets

November 10, 2025
Economist Intelligence

KSE-100 could hit 203,000 by 2026 as reforms boost sentiment, says Topline – Markets

November 10, 2025
Economist Intelligence

Gold rises more than 1% on Fed rate-cut bets, slowdown worries – Markets

November 10, 2025
Economist Intelligence

Oil gains on hopes US government will reopen soon, lift demand – Markets

November 10, 2025
Economist Intelligence

Rupee records gain against US dollar – Markets

November 10, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

China suspends ‘special port fees’ on US vessels – Markets

November 10, 2025

Pakistan’s net metering generation surges over 100% in Sept 2025 – Markets

November 10, 2025

KSE-100 could hit 203,000 by 2026 as reforms boost sentiment, says Topline – Markets

November 10, 2025

Gold rises more than 1% on Fed rate-cut bets, slowdown worries – Markets

November 10, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Aussie climbs, yen drops as US government shutdown approaches end
  • Oil steadies on US government shutdown talks progress, with ongoing oversupply concerns
  • Jim Cramer’s top 10 things to watch in the stock market Monday
  • US-China rivalry to last ‘decades’, Silkpunk creator Ken Liu on AI: SCMP daily highlights
  • China tightens controls on fentanyl precursors bound for US, Canada and Mexico

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Aussie climbs, yen drops as US government shutdown approaches end

November 10, 2025

Oil steadies on US government shutdown talks progress, with ongoing oversupply concerns

November 10, 2025

Jim Cramer’s top 10 things to watch in the stock market Monday

November 10, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.