According to Mordor Intelligence: “The Indonesia Cybersecurity Market size is estimated at USD 1.43 billion in 2024, and is expected to reach USD 4.21 billion by 2029, growing at a CAGR of 24.19% during the forecast period (2024-2029).
The National Resilience Institute (Lemhannas) reported that Indonesia faced approximately 2,200 anomalous cyberattacks every minute in 2023 according to local reports. Indonesia has faced the highest number of cyberattacks in the Southeast Asian region over the last six months, with an average of 3,300 cyberattacks per week. Analysts say Indonesia's growing economy and low level of spending on cybersecurity make it a prime target for hackers.
New strategic initiatives will equip Indonesia’s public sector and up to 70, 000 small businesses with advanced AI skills and tools for supercharging cybersecurity. National Cyber and Crypto Agency (BSSN), Indonesia’s primary cyber defense and cyber security government agency as well as nonprofits and social enterprises to create more resilient digital eco systems in Indonesia.
Indonesia is one of the fastest growing economies in Southeast Asia, with expanding IT infrastructure investment and rising smartphone and internet adoption.
Indonesia has enacted Presidential Regulation No. 47 of 2023 on the National Cybersecurity Strategy and Cyber Crisis Management ("PR 47/2023") since 20 July 2023. This regulation aims to stipulate the protection of the country's digital landscape against threats and cyber-attacks, as well as the preparation against, and recovery from cyber crises.
The new rules developed by the Financial Services Authority (OJK) are Indonesia’s first dedicated cybersecurity rules specifically for the financial sector.
Join the 23rd Cyberx Global Edition & Inaugural Cyberx Indonesia Summit & Awards, 2nd July 2025, Live in Person, Jakarta, Indonesia. Join us to witness, learn and debate latest trends, best practices, and emerging technologies from the role of Generative AI, Threat Actors, IT Asset Management, Cloud Migration Strategy & Security and more from Leaders in IT, OT, ICS & IOT.
Strategies for building AI-resilient cybersecurity solutions that can withstand attacks and adversarial manipulation, including techniques for validating AI models and detecting AI-generated threats
Enforcing a ZTNA architecture enables organizations to achieve a higher level of security posture in today's evolving threat landscape
Security Criteria for Selecting a Security-conscious Provider and Determining the Shared Responsibility Between Vendors, Cloud Providers, and End Users
Security Criteria for Selecting a Security-conscious Provider and Determining the Shared Responsibility Between Vendors, Cloud Providers, and End Users
Discuss the global shortage of cybersecurity professionals and the challenges organizations face in recruiting, retaining, and developing skilled cybersecurity talent, and explore strategies for addressing the cybersecurity skills gap