Jakarta, Sept. 28 -- Bank Indonesia (BI) has called on stakeholders across sectors to bolster online fraud countermeasures by focusing on three key areas, namely information sharing, rapid incident response, and clear roles and accountability.

Speaking at a focused group discussion in Jakarta on Monday, BI's Department Head of Payment System Surveillance and Consumer Protection, Sally M. Hutapea, noted challenges remain in online fraud response coordination.

"Even though we have a task force or established channels, the key challenge is knowing how to coordinate effectively when a sudden fraud incident is reported," she said.

Hutapea noted coordination should not mean every institution floods the task force or communication channels wi...