Taking the Long-Term View on Cyber Security
Cyber-attacks towards enterprises or institutions are not new in this era of digital disruption. As a developing country with vast economic potential and a wide-range of digital innovations, Indonesia has been identified as one of the vulnerable countries that’s been targeted by hackers worldwide. Pricewaterhouse Coopers (PwC) reported that cyber-attack in Indonesia focus on business information such as internal notes, employee database, customer databases, and intellectual property.
At first glance, the cost to upgrade a company’s cybersecurity fabric may seem unreasonably high however that is likely a small price to pay compared to the potential economic loss of being attacked. A successful attack can result indirect loss, extended downtime and even long-term reputational damage. The World Economic Forum (WEF) forecasts the potential of loss due to cyber issues to exceed IDR 42 trillion. Like any investment, upgrading your security infrastructure needs careful planning and proper prioritization.