That's just a media sponsored fancy of ill-informed news anchors at best. There is no way that ISIS in any conceivable form could spontaneously emerge from Punjab. For starters, there is not an inch of land in Punjab not under the direct sovereign authority of the Government of Pakistan, a vacuum is the very first and most essential component in any insurgency that can accumulate enough power to actually expand, the TTP had it in FATA but I reiterate once again that the physical space for an ISIS threat emerging from Punjab simply does not exist.
Are there militancy problems in Punjab much like other provinces? You bet. Can we do more to address them? Absolutely. However, I urge you not to buy into the hype being peddled by the media houses, they need to sell a story and they will cash on the fears of the local populace to do so.