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Indonesia launched its first electric vehicle battery plant on Wednesday. Photo: Handout / INDONESIAN PRESIDENTIAL PALACE/AFPSource: AFPIndonesia launched its first electric vehicle battery plant on Wednesday, President Joko Widodo said, as Southeast Asian countries move to gain a foothold in the emerging industry.The country, which is the region’s largest economy and home to the largest nickel reserve in the world, has been seeking to position itself as a key player in the global electric vehicle supply chain.The plant is a joint venture between South Korean manufacturers Hyundai Motor Group and LG Energy Solution (LGES) and can produce up to 10…
The Indonesian government is exploring cooperation with South Korea to develop Small Modular Reactor (SMR) nuclear technology, intended to be utilized as a new energy source and for food preservation. Deputy for International Economic Cooperation Coordination at the Coordinating Ministry for the Economy, Edi Prio Pambudi, emphasized the importance of nuclear technology not only for the manufacturing industry but also for enhancing export quality through food irradiation. “Nuclear technology is not just for destructive purposes; it can also be used for energy. Nowadays, many technologies are used for irradiation, preserving food to ensure our exports are reliable, such as keeping…
By Dr. Kartina Sury, Senior Fellow at the Center for Indonesian Policy StudiesWith the country’s digital transaction value amounting to $77 billion (or 40% of the region’s total) in 2022, Indonesia continues to be a key player in Southeast Asia’s digital economy. The total digital transaction value is expected to double to $130 billion by 2025, further establishing Indonesia as a significant contributor to the region’s dynamic digital economy. In addition, Indonesia fosters a healthy startup ecosystem and is ranked 6th globally in terms of the number of startups, with over 2,400 businesses. Over the next few years, the country…
Indonesia’s data center industry offers promising investment prospects, particularly as the digital economy is expected to reach a gross merchandise value (GMV) of US$360 billion by 2030. Foreign investment in Indonesia’s data center industry is picking pace due to the rapid growth of the country’s digital economy. According to a report compiled by Google, Temasek, and Bain & Company, Indonesia’s digital economy had a GMV of US$77 billion in 2022. This is expected to increase to between US$220 and US$360 billion by 2030, making it the largest digital economy in Southeast Asia. Find Business Support A report by Mordor Intelligence…
July 4, 2024Information hallData Breach / Mobile Security Cloud communications provider Twilio has revealed that unidentified threat actors exploited an unauthenticated endpoint within Authy to identify data associated with Authy accounts, including users’ mobile phone numbers. The company said it has taken steps to ensure that the endpoint no longer accepts unauthenticated requests. The development comes days after ShinyHunters online persona was published BreachForums database containing 33 million phone numbers purportedly pulled from Authy accounts. Owned by Twilio since 2015, Authy is a popular two-factor authentication (2FA) app that adds an extra layer of account security. “We have seen no…
Hackers have encrypted systems at Indonesia’s national data center with ransomware, disrupting immigration checks at airports and a variety of other public services, according to the country’s communications ministry. In a statement on Monday, the ministry said the systems of the Temporary National Data Center (PDNS) were infected with Brain Cipher, a new variant of the notorious LockBit 3.0 ransomware. Minister of Communication Budi Arie Setiadi told the state news agency Antara that hackers have demanded $8 million in ransom in exchange for decrypting the data and emphasized that the government would not pay or comply with the demands. The…
This picture taken on 4 April 2023 shows a woman watching a livestream on social media offering merchandise for sale in Jakarta. Photo: Bay Ismodo/AFP). EXECUTIVE SUMMARY The Personal Data Protection (PDP) Law was ratified by the Indonesian House of Representatives at the end of 2022. Although seen as a move in reaction to some data leakage incidents, this marks an important step in the country’s journey towards digital transformation. However, the enactment of this law near the end of Jokowi’s terms makes it look like mere lip service since it can be implemented only after all derivative regulations are…
This picture taken on 4 April 2023 shows a woman watching a livestream on social media offering merchandise for sale in Jakarta. Photo: Bay Ismodo/AFP). EXECUTIVE SUMMARY The Personal Data Protection (PDP) Law was ratified by the Indonesian House of Representatives at the end of 2022. Although seen as a move in reaction to some data leakage incidents, this marks an important step in the country’s journey towards digital transformation. However, the enactment of this law near the end of Jokowi’s terms makes it look like mere lip service since it can be implemented only after all derivative regulations are…
A coordinated law enforcement operation, codenamed MORPHEUS, destroyed approximately 600 servers used by cybercriminal groups and part of the attack infrastructure associated with Cobalt Strike. The repression According to Europol, between June 24 and 28, old unlicensed versions of the red team Cobalt Strike were targeted. Of the 690 IP addresses that were flagged by Internet service providers in 27 countries as being associated with criminal activity, 590 are no longer available. The joint operation, which began in 2021, was led by the UK’s National Crime Agency (NCA). It was attended by government officials from Australia, Canada, Germany, the Netherlands,…
JAKARTA, Indonesia (AP) — Indonesia’s national data center has been compromised by a hacking group asking for a $8 million ransom that the government says it won’t pay.The cyberattack has disrupted services of more than 200 government agencies at both the national and regional levels since last Thursday, said Samuel Abrijani Pangerapan, the director general of informatics applications with the Communications and Informatics Ministry.Some government services have returned — immigration services at airports and elsewhere are now functional — but efforts continue at restoring other services such as investment licensing, Pangerapan told reporters Monday.The attackers have held data hostage and…