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The Indonesian Cyber Research Institute Communication and Information System Security Research Center (CISSReC) revealed a surprising prediction of the possibility of global cyberattacks loss that estimated around 84,000 trillion by 2021.
According to CISSReC Chairman Pratama Persadha, Indonesia also potential in suffering a big loss from the increase of cyberattacks from year to year.
A big company such as Microsoft has known to suffer a big loss of around 500 trillion rupiahs in 2018 due to cyberattacks. Indonesia, which is considered to be yet mature in terms of regulations, laws, human resources, and technologies, is in greatest need of cybersecurity improvement.
In 2018, the global loss due to the cyberattacks is estimated at around 8100 trillion rupiahs. In 2021, such calculation is predicted to increase to 8400 trillion rupiahs.
Furthermore, Pratama Persadha also said that the potential of cyberattacks will increase especially when seeing the digitalization in Indonesia is increasing.
The more companies that Go Digital, the bigger the possibility of cyberattacks. Therefore, the Indonesian government shall address the cybersecurity issues. The need for better security is even greater when seeing that the government has known to be very supportive in the efforts to digitalizing businesses through the roadmap of the Making Indonesia 4.0 plan.
Pratama Persadha added, along with 2020 there are various cyberattacks that emerged. However, the number is dominated by ransomware that attacks the critical infrastructure, industries, and/or government institutions.
Critical infrastructure such as healthcare sectors and pharmaceuticals are in danger when attacked by cyberattacks. Healthcare sectors stores important data such as patient data, research data, vaccine usage data, etc.
According to him, the background behind cyberattacks is not always individuals acting on their behalf, but sometimes, there are countries and/or multinational companies behind these attacks. Well, after all, it is now the era of data war. He added that countries need to be careful of the cyberattacks that targeting countries and private companies that store a lot of the population data.
It is feared that sectors required to carry super fast digitalization will put the security issues in less priority, that they are at high risk of not being able to withstand the cyber attacks.
The banking sector, which now increasingly carries digitalization is also vulnerable to cyberattacks. The banking sector, which deals with public money and collects large amounts of customer data is in greater need of cybersecurity.
Therefore, the banking and fintech sectors should anticipate this by improving the quality of cybersecurity. To carry out these issues can not only be done by the state or the private sector, but the collaboration between the state and the private sector is the strong foundation to build strong cybersecurity in the country.
The state’s presence in the efforts to increase cybersecurity can be done through the ratification of the Personal Data Protection Bill (PDP) and the Cyber Security and Resilience Bill (KKS).
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