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Updated Jul 29, 2024, 13:35 ISTThe new “Golden Visa” scheme will allow individuals to stay for five or ten years in the country Indonesia launches Golden Visa scheme. Credit: CanvaIndonesia has taken a significant step towards bolstering its economy with the introduction of the Golden Visa. Designed to attract high-net-worth individuals and skilled professionals, this long-term visa offers holders up to a decade of residency. This initiative is part of Indonesia’s strategy to bolster its GDP by securing $101.5 billion in domestic and foreign direct investment for 2024. With this new visa scheme, the island nation hopes to attract quality…
A threat actor known as Stargazer Goblin has created a network of bogus GitHub accounts to power a Distribution-as-a-Service (DaaS) that distributes a variety of information-stealing malware, earning them $100,000 in illegal profits over the past year. The network, which includes more than 3,000 accounts on a cloud-based code hosting platform, spans thousands of repositories used to share malicious links or malware, per Check Point, which has dubbed it the “Stargazers Ghost Network.” Some of the malware families distributed using this method include Atlantida Stealer, Rhadamanthys, RisePro, Lumma Stealer, and RedLine, with fake accounts also involved in starring, branching, browsing,…
Which startups are on the path to becoming the next big thing? One way to tell would be to check when they’ve raised a new round. Tech in Asia has generated a list of startups in Indonesia that have recently raised funding. The list is constantly updated by Tech in Asia, covering companies up to the series E stage. Extending our warm congratulations to the 7 East Ventures Family members who made it into the list! Komunal Komunal is a fintech company whose mission is to accelerate financial inclusion through digitizing rural banks in Indonesia. The firm recently raised US$5.5…
July 29, 2024Information hallCyber Security / Cyber Espionage The remote access trojan, known as Gh0st RAT, was spotted as part of an “evasion dropper” called Gh0stGambit. scheme of loading on the auto insurance targeting Chinese-speaking Windows users. These infections originate from a spoofed website (“chrome-web(.)com”) that serves malicious installer packages under the guise of the Google Chrome browser, indicating that users searching for software on the Internet are being targeted. Gh0st RAT is a old malware which has been seen in the wild since 2008, manifesting itself in various variants over the years in campaigns mostly orchestrated by China’s cyber…
JAKARTA – According to a report from Cybersecurity Ventures, losses due to cybercrime globally are estimated at 10.5 trillion US dollars per year by 2025, up from $3 trillion in 2015.Meanwhile, data from CoinWire shows that the global crypto trading volume is expected to reach $108 trillion this year with a significant increase in the number of users. This reflects the growth of the crypto industry that is increasingly gaining place in the global market, making cybersecurity a critical factor that all crypto trading platforms must pay attention to.Certik totaling, a leading cybersecurity rating agency, places one of the crypto…
Prabowo Subianto, the defence minister, delivered the fourth C-130J-30 Super Hercules plane to the Indonesian Air Force. Source: Ministry of Defense of the Republic of Indonesia Defence Minister Prabowo Subianto handed over the fourth C-130J-30 Super Hercules aircraft to the Indonesian Air Force to enhance Indonesia’s air defence capabilities, emphasising its role in war and non-war scenarios. Indonesia’s president, Joko Widodo, present at the ceremony, highlighted the aircraft’s versatility, capable of carrying 120 soldiers and tons of cargo, which is important for an archipelagic nation like Indonesia with diverse terrains and short runways. This C-130J-30, manufactured by Lockheed Martin Global…
It is no secret Bali, Indonesia has become the go-to holiday destination for Australian’s looking for an affordable trip or wanting to beating the winter blues. For a long time, young Aussie’s fresh out of high school would pack their bags for a chaotic ‘schoolies’ trip. But this reputation has ever so-slowly diminished, particularly after COVID-19. Now, it’s become a go-to surfer hotspot, family friendly trip and all around beach getaway for everyone. Don’t get us wrong, it is still a party destination with so many elaborate clubs gaining attention from around the globe!If you’re planning a holiday to Bali…
JAKARTA (Reuters) – Indonesia said it is beginning to recover data that had been encrypted in a major ransomware attack last month which affected more than 160 government agencies.The attackers identified as Brain Cipher asked for $8 million in ransom to unlock the data before later apologising and releasing the decryption key for free, according to Singapore-based cybersecurity firm StealthMole.The attack has disrupted multiple government services including immigration and operations at major airports. Indonesian officials have acknowledged that the bulk of the data had not been backed up.Chief Security Minister Hadi Tjahjanto said in a statement late on Thursday that…
Two pilots of an aircraft carrying 157 other people fell asleep midflight, causing the plane to veer off its designated path, according to a preliminary report by Indonesia’s National Transportation Safety Committee.The pilots were operating a Batik Air flight on Jan. 25 when they both fell asleep at the same time for around 28 minutes, the report said. The plane, carrying 153 passengers and four crew members, had left Kendari, in the southeast of the island of Sulawesi, and was headed to Jakarta, a two-hour and 35-minute flight.The report did not identify the pilots, only describing the pilot in command…
Key takeaways Some of the key takeaways from MOCI Regulation 5 are: Who are private ESOs? MOCI Regulation 5 defines private ESOs as persons, business entities or communities that operate an electronic system. This definition is the same as the broad definition under GR 71. Private ESOs include: ESOs that are supervised by ministers or institutions in accordance with laws and regulations. ESOs that have an online portal, site or application through internet to: provide, manage, and/or operate offer and/or trade of goods and/or services provide, manage and/or operate financial transaction services deliver paid digital material or content through a data…