| Issue Number : 620

Draft Bill on Cyber Security and Defense: New Obligations for Corporations?

Overview  

In 2019, a multitude of different human activities is now mediated through digital devices and through software and apps which can connect to the global network of the Internet. Moreover, these rapid and widespread technological developments have opened up endless business opportunities in the digital era of so-called Industry 4.0 and are leading to a whole new economic paradigm which is predicated on the fact that “Data is the new oil.”

Technology has developed at an exponential rate in recent decades and huge amounts of data are now stored in digital form. This data is proving to be hugely attractive to criminals and thus cybercrime is an ever-growing trend. Unfortunately, Indonesia was subject to the second-highest number of cyberattacks of any country in the world during the first semester of 2016 (with only Japan having a larger problem to deal with).[1] On the back of this huge threat to local cyberspace, the Indonesian House of Representatives finally initiated the formulation process for the Draft Bill on Cybersecurity and Defense (“Draft Bill”) in a bid to mitigate the various risks and threats associated with cyberattacks and to put in place plans which can be used in order to respond to such attacks.[2]

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Overview  

In 2019, a multitude of different human activities is now mediated through digital devices and through software and apps which can connect to the global network of the Internet. Moreover, these rapid and widespread technological developments have opened up endless business opportunities in the digital era of so-called Industry 4.0 and are leading to a whole new economic paradigm which is predicated on the fact that “Data is the new oil.”

Technology has developed at an exponential rate in recent decades and huge amounts of data are now stored in digital form. This data is proving to be hugely attractive to criminals and thus cybercrime is an ever-growing trend. Unfortunately, Indonesia was subject to the second-highest number of cyberattacks of any country in the world during the first semester of 2016 (with only Japan having a larger problem to deal with).[1] On the back of this huge threat to local cyberspace, the Indonesian House of Representatives finally initiated the formulation process for the Draft Bill on Cybersecurity and Defense (“Draft Bill”) in a bid to mitigate the various risks and threats associated with cyberattacks and to put in place plans which can be used in order to respond to such attacks.[2]

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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