AAA Technologies Secures Rs 28,99,400 Work Order for VAPT Audit Assignments from Punjab and Sindh Bank
AAA Technologies Limited has been awarded a significant work order by Punjab and Sindh Bank (PSB), a Government of India Undertaking, for conducting comprehensive Vulnerability Assessment and Penetration Testing (VAPT) Audit Assignments for the financial year 2026-27. The contract value for these assignments is Rs 28,99,400, excluding applicable taxes.The engagement covers various critical IT security aspects of PSB across its infrastructure. AAA Technologies Limited was selected after an invitation process initiated by PSB.
According to the agreement, the scope of work encompasses several specialized areas crucial for maintaining institutional cybersecurity. These tasks are detailed in the contractual overview, which includes annual audits and specific penetration testing efforts.
Key audit categories and requirements as defined in the contract include:
| Particulars/Category | Frequency of Audit | Total Units Required |
|---|---|---|
| Standard IT Audits (Non-critical) | Annual | 1 |
| Web Application Security Audit | Annual | N/A |
| Configuration Audit (OS & Databases) | Single Instance | 1 |
| Secure Configuration Audit of Cloud and Network Devices | Annual | 1 |
| External Penetration Testing (EPT) | Single Instance | N/A |
| Mobile Application Security Audit | Annual | N/A |
| API Security Testing | Annual | N/A |
| Source Code Audit of In-House Applications | Annual | 1 |
Scope Details and Inventory
The contract also specifies a detailed inventory count of the systems and applications requiring audit coverage. This includes security application categorization, mobile application presence, data centers, and internal IP usage across PSB's infrastructure.Financial and operational metrics for the assignment are provided in the following table:
| Particulars/Category | Metric Count |
|---|---|
| Critical IT and Security Applications | 18 |
| Other High, Medium, Low Risk IT Applications | 35 |
| Total URLs and Mobile Applications of Bank | 125 (Mobile Applications: 9 apk, 2 iOS) |
| Total Data Centers | 3 |
| All APIs using in Bank Infrastructure | 250 |
| In-House Developed Portal/Applications | 52 |
| No. of Cloud Hosting Applications | 1 |
| Network Devices for secure configuration review | 140 |
| Active ATM Machines IP (Sample Basis) | 100 |
The contract terms stipulate that the project must commence within five working days from the receipt of the Engagement Letter cum Purchase Order. The Bank reserves the right to adjust the number of units or entities audited by up to 10% of the indicated scope without charging extra costs.
AAATECH Stock Price Movement
Today, shares of AAA Technologies Limited edged higher to close at ₹95.83, having gained 1.30% in a positive session. The stock traded within an intraday range of ₹95.16 to ₹97.17, with 12,685 shares transacted during the market day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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