IT industry ‘loses $1m’ due to one hour of net outage

ISLAMABAD: The IT industry has claimed that one hour of internet outage or disruption results in a loss of more than one million dollars for the whole sector, including export businesses.

In a media talk on Tuesday, Pakis­tan Software Houses Association (P@sha) Chairman Sajjad Mustafa Syed said authorities have acknowledged that Virtual Private Networks (VPNs) cannot be banned as there was no law to do so.

Mr Syed, who heads the premier representative body of the country’s IT industry...