ASIATODAY.ID, JAKARTA – Cybersecurity will become a central pillar of Bank Jakarta’s digital transformation strategy as the lender seeks to strengthen its operational resilience against increasingly sophisticated cyber threats while accelerating its banking modernization.
Bank Jakarta President Director Agus Haryoto Widodo said the bank’s digital development agenda extends beyond business expansion, encompassing stronger data infrastructure, digital identity systems, and comprehensive cybersecurity safeguards to ensure its technology platform remains secure and future-ready.
“Going forward, strengthening cybersecurity and broader digital security capabilities will be one of our key priorities,” Agus said following the discussion titled Shaping the Next Era of Indonesia’s Capital Market during Investor Day 2026 at the Indonesia Stock Exchange in Jakarta on Tuesday.
According to Agus, the transformation is not solely aimed at driving business growth. The bank is also establishing dedicated functions focused specifically on digital security, reflecting its long-term strategy to address the evolving risks facing the increasingly digital banking industry.
He noted that the initiative is a direct response to the rapid evolution of information technology and the growing complexity of cyber risks. By creating specialized cybersecurity capabilities, Bank Jakarta expects to improve risk mitigation while reinforcing governance across its digital ecosystem.
“Our transformation is not just about expanding the business. It is also about ensuring we have dedicated capabilities to anticipate emerging challenges, particularly those related to cybersecurity,” he said.
Cybersecurity has become an increasingly critical priority for the banking industry as financial institutions expand digital services and online transactions. Beyond maintaining operational continuity, investment in cyber resilience is essential to protect customer data and sustain public trust in digital banking platforms.
Agus also emphasized that Indonesia’s banking sector continues to demonstrate strong fundamentals despite ongoing global economic uncertainty.
He pointed to continued credit growth, solid capital adequacy, healthy liquidity, and relatively low non-performing loan (NPL) ratios as indicators of the sector’s resilience.
“The issue is not the industry’s fundamentals. The real challenge is that the playing field has changed,” Agus said during the Investor Day forum.
Over the past several years, Indonesia’s banking industry has navigated a series of unprecedented disruptions, including the COVID-19 pandemic, geopolitical conflicts, and shifts in global trade policies, forcing banks to abandon conventional business strategies.
He also highlighted mounting pressure on banks’ funding costs, noting that deposit rates in interbank funding auctions had at one point climbed to 11.5%, signaling a sharp increase in the cost of raising funds across the industry.
To respond to the rapidly changing environment, Bank Jakarta is implementing a comprehensive transformation program spanning business model innovation, digital banking services, risk management, cybersecurity, and corporate culture.
The strategy underscores the bank’s commitment to strengthening long-term competitiveness while building a secure, resilient, and technology-driven banking institution capable of supporting Indonesia’s evolving digital economy. (Silvia Andriani)
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