Through the Askrindo divestment, Bank Indonesia’s stake in the company has declined from 55% to about 25% following a capital deposit by the Government of Rp850 billion. The capital deposit by the Government to Askrindo has substantially helped overcome the constraints associated with the prevailing high business risk perceived by the banking community.
Let me reiterate a few key tasks for senior management: Recognise cyber risks as part of your risk appetite and define a convincing and comprehensive cyber strategy Ensure that responsibilities remain clear in a changing cyber and corporate environment Raise awareness among your staff and set an example in promoting secure cyber behaviour A holistic cyber defence will not emerge bottom-up from your IT department – you need to lead towards it.