A more comprehensive approach is needed to address cyber threats and the misuse of personal data, the ministry’s Secretary General, Ismail, said in a statement on Friday.
“The cost of maintaining security may seem enormous. However, when a security breach occurs within a company, the impact can shatter long-built foundations,” he said during the R17 Podcast Show Vol. 04 themed “Shaping Secure Data Intelligence for Digital Resilience” on Thursday (April 23).
“Reputation is at stake, and this is not something to be taken lightly,” Ismail added.
In an effort to improve data security, first, the government is formulating supporting policies and regulations.
Second, the government is acting as an orchestrator, coordinating various activities related to data utilization and security, as well as the development of a national digital ecosystem involving multiple stakeholders.
Third, the government is investing in strategic sectors that cannot be fully addressed by businesses, such as developing digital talent, strengthening digital infrastructure and improving connectivity in remote areas.
According to a report by the UN Office on Drugs and Crime (UNODC), losses due to digital fraud in East Asia and Southeast Asia are estimated to reach US$18 billion to US$37 billion by 2023.
The Southeast Asia region is considered a hub for digital-based organized crime activity.
Meanwhile, a Europol report shows that cybercriminals have now evolved into large-scale data brokers exploiting and monetizing personal data in various crime chains.
Deputy for cybersecurity and cryptography operations at the National Cyber and Crypto Agency (BSSN), Bondan Widiawan, highlighted the importance of developing an early warning system and strengthening an integrated threat intelligence ecosystem between the government and the private sector to counter cyber threats.
Virtus Technology Indonesia General Manager Wisnu Nursahid said cyber resilience has become a key requirement for organizations.
An artificial intelligence-based security approach can improve detection accuracy, accelerate response, and strengthen protection without disrupting business operations, he noted.
Cyble Country Manager Rangga stated that the growing digital footprint increases the risk to data assets, especially with the rise in activity on dark web forums and marketplaces.
Utilizing dark web monitoring technology is considered crucial to increase visibility and speed of threat detection, he said.
R17 Group CEO Hengky Witarsa stated that collaboration between regulators and industry players is crucial in building national digital resilience.
"Digital resilience can only be achieved through true collaboration between regulators and industry. We encourage a secure-by-design approach so that business innovation can go hand in hand with data protection," he noted.
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Translator: Farhan Arda Nugraha, Yashinta Difa
Editor: Primayanti
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