Jakarta (ANTARA) - The Financial Services Authority (OJK) will make it mandatory for all banks to join the anti-fraud center team or 'Anti-Scam Center' to increase public protection against online fraud.

"Yes, they must join. Moreover, the same names of banks always crop up where fraud & scams often occur. Big banks for sure," OJK official Friderica Widyasari Dewi stated in Jakarta on Friday.

Dewi made the statement after a press conference on the Results of the 2024 National Financial Literacy and Inclusion Survey (SNLIK) on Friday.

Dewi explained that the government took the initiative to form a special team in response to rampant cases of online fraud and scams involving members of the public.

She considered that online fraud, which occurs rampantly, is a risk arising from the continued development of digital innovation.

Hence, the government and other stakeholders, especially banks, need to devise an active solution to combat those crimes.

"This has happened very often. Almost every day, we hear people, for example, say that their OTP was stolen, their money was lost, and so on," she pointed out.

"We have mapped this, (and) later, we will convey the data that in a three-year period, the number of people who suffered losses from fraud and scams was very large," she remarked.

Dewi highlighted that Anti-Scam Center teams had been widely formed and operated in other countries.

She cited Singapore, which had already formed an Anti-Scam Center to protect the public from various types of online fraud.

"We learn from other countries, how all these banks are placed in one room, then if fraud and scams are reported by the public, they can then be immediately pursued. Hopefully, the asset recovery can be quite good," she remarked.

The Anti-Scam Center is expected to detect various bank accounts that are misused for illegal activities, either as holding accounts or as the final beneficiary.

The Anti-Scam Center is the result of an initiative by 16 ministries and institutions that have received support from President Joko Widodo (Jokowi).

Dewi stated that the special team will be inaugurated in the near future.

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Translator: Bayu Saputra, Cindy Frishanti Octavia
Editor: Rahmad Nasution
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