In­done­sian banks told to up­date their IT sys­tems

Banking Frontiers - - Regulator -

Bank In­done­sia has told the coun­try’s banks to up­date their sys­tem of in­for­ma­tion tech­nol­ogy so that they could pro­tect them­selves from pos­si­ble cy­ber at­tacks that have be­come more and more mas­sive. Gov­er­nor of the cen­tral bank Agus Mar­to­war­dojo said hack­ers or virus at­tack­ers con­tin­ued to in­no­vate and find loop­holes in the IT sys­tem and so bank­ing in­dus­try and other fi­nan­cial sec­tors must up­date their se­cu­rity stan­dard. His warn­ing came in the wake of re­ports that bank­ing sys­tems are be­ing at­tacked by viruses like Petya and Wan­nacry. How­ever, bank chiefs said the bank­ing sys­tems in the coun­try have shown enough re­sis­tance to such at­tacks. But they agreed banks should al­ways be up­dat­ing their IT se­cu­rity sys­tem.

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