Jakarta, June 4 -- The Financial Services Authority (OJK) has urged the financial services sector to upgrade its digital transaction security, warning that fraud resilience is now a cornerstone of public trust and business survival.

Speaking at a joint briefing with the Indonesian Fintech Association (AFTECH) in Jakarta on Thursday, OJK's Head of the Consumer Legal Advocacy Directorate Tri Herdianto emphasized that cybersecurity is no longer just a backend IT concern.

"Industry readiness in strengthening digital transaction security is now crucial. We must understand that fraud resilience is no longer just a technical or technological issue, but a key pillar in maintaining public trust and ensuring business sustainability in the financi...