Author: Admin
ContentsKey Takeaways 1Introduction. 4How Data Flows and Digital Technologies Drive Economic Growth. 6What’s at Stake for Bangladesh, Hong Kong, Indonesia, Pakistan, and Vietnam. 7Bangladesh. 8Hong Kong. 8Indonesia. 9Pakistan. 9Vietnam. 9How Each Country Succumbs to the Allure of Data Localization. 11Bangladesh: Buying Into All of Data Localization’s False Promises 11Hong Kong: Openness Threatened by Mainland China’s Drive for Control 13Indonesia: Simultaneously Taking Steps Forward and Backward. 14Pakistan: Broad Political and Security Concerns Fuel a Drive to Control Data. 14Vietnam: Trying to Balance Digital Openness and Strict China-Like Controls 16Previous Research on the Consequences of Data Localization. 17How ITIF Modeled the Economic…
HO CHI MINH CITY — Internet crackdowns from Vietnam to Bangladesh cause self-inflicted economic harm by raising the cost of doing business and risk cutting trade by up to 9% in some of Asia’s investment destinations, a think tank says.Countries that force companies to store data on local servers — an increasingly common policy among Asian governments — are chasing a “false allure of data nationalism” that only increases import and other business expenses, says a report by the Information Technology and Innovation Foundation released on Monday. Source link
July 1, 2024Information hallSupply Chain / Software Security A trio of security flaws were discovered in the CocoaPods dependency manager for Swift and Objective-C Cocoa projects that can be used to orchestrate attacks on software supply chains, putting downstream customers at serious risk. The vulnerabilities allow “any malicious actor to claim ownership of thousands of unsolicited packages and inject malicious code into many of the most popular iOS and macOS applications,” EVA Information Security researchers Rif Spector and Eran Vaknin note said in a report released today. The Israeli app security firm said three issues have since surfaced patched up…
When compared to GDP, insurance penetration in Indonesia is 1.4%, which is low relative to ASEAN. INDONESIA’S insurance industry is experiencing growth, but the growth of premiums in the conventional insurance sector over the past five years has been relatively modest, averaging only 1.89% per year, as stated by the Financial Services Authority (OJK) in its 2023 report. Despite the growth in Sharia insurance contributions, its market share remains relatively small compared to conventional insurance premiums. Based on the ASEAN Insurance Surveillance Report 2022, when compared to gross domestic product (GDP), insurance penetration in Indonesia is relatively low amongst ASEAN…
JAKARTA (Bernama): Indonesia’s Nuclear Energy Regulatory Agency (BAPETEN) has guaranteed the smooth and safe organisation of the 10th World Water Forum from today until May 25, protecting it from radioactive and nuclear threats. The agency is tasked with carrying out initial mapping of environmental radioactivity and detection around the event venues with assistance from the Presidential Security team. “BAPETEN is securing the forum as a major public event to prevent any misuse of radioactive substances for terror purposes,” said its director of technical support and nuclear emergency preparedness, Zulkarnain. He said in a statement that security arrangements began on May…
June 25, 2024 JAKARTA – The government announced on Monday that a cyberattack using a new variant of ransomware was responsible for data disruptions at two temporary National Data Center (PDN) facilities last week that crippled immigration processing at airports and disrupted other public services, adding that the attackers had demanded US$8 million in ransom. The data failure at the facility in Surabaya, East Java, was first reported on Thursday morning and impacted databases managed by more than 200 central government and regional institutions. As of Monday, the government was still trying to restore the affected public services across the…
Indonesia’s first data protection law, known as the Personal Data Protection Law, has been closely based on the European Union ‘s General Data Protection Regulations (EU GDPR). The new law clearly states the types of legal basis for obtaining and processing personal data and sets out strict criminal and administrative sanctions for those that break the provisions under the law. These include corporate fines of up to two percent of a company’s annual revenue. In late September 2022, Indonesia enacted its first-ever Personal Data Protection Law (PDP Law) after years of discussion and postponements. Importantly, the speed of the law’s approval…
n Sept. 20, Indonesia ratified its first comprehensive data privacy legislation —the Personal Data Protection (PDP) Law, which has the potential to constitute a solid, well-designed foundation for its digital economy.While the notorious hacker “Bjorka’s” release of personal information pressured policymakers to act, it thankfully didn’t lead to knee-jerk reactions like data localization, where policymakers force firms to only store data within a country’s borders in the mistaken belief that it leads to better data privacy or cybersecurity (it doesn’t). Indonesia’s PDP Law is of regional and global significance, not just for its avoidance of localization, but because of its…
July 2, 2024Information hallData Theft / Wi-Fi Security An Australian man has been charged with using a fake Wi-Fi hotspot on a domestic flight to steal user credentials and data. The Australian Federal Police (AFP) “allegedly created fake free Wi-Fi hotspots that mimicked legitimate networks to capture the personal data of unsuspecting victims who mistakenly connected to them.” said in a press release last week. The agency said the suspect was charged in May 2024 after an investigation began a month earlier after the airline was notified of a suspicious Wi-Fi network discovered by its employees on a domestic flight.…
Indonesia Won’t Get KF-21 Tech Until Program Complete, South Korea Says | Aviation Week Network https://aviationweek.com/themes/custom/particle/dist/app-drupal/assets/awn-logo.svg Skip to main content Chen Chuanren June 12, 2024 Indonesia has committed to buying 48 KF-21s. Credit: Zuma Press Inc./Alamy Stock Photo Technologies on the Korea Aerospace Industries (KAI) KF-21 fighter will only be transferred to Indonesia when the program is completed in 2026, South Korea’s Defense Acquisition Program Administration (DAPA) says. DAPA’s new chief Seok Jong-gun told The JoongAng Ilbo that the joint cooperation with… Chen Chuanren Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air…