Indonesia’s digital economy at risk


Jakarta: Cyberattacks, Internet fraud and system failures are threatening Indonesia’s digital economy as the rapid growth of the new economy is not yet supported by adequate protection and reliable technology, analysts and business players have warned.

A study released recently by Grant Thornton found that two-thirds of middle-sized and large businesses have experienced at least one cyberattack in the last 12 months, while 73% of 500 companies reported a loss of 25% as a result of cyberattacks.

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