Geopolitical tensions raise the risk of cyberattacks, and the average cost per breach continues to rise, highlighting the ongoing need for robust cybersecurity measures for businesses.

51% of companies increase cybersecurity costs and investments due to the escalating cost of data breaches and cyberattacks.

Indonesia faces a critical challenge in data protection; this vulnerability underscores the need for robust cybersecurity through IT Consultants & Services companies.

Indonesia’s tech sector receives support from the government: Law No. 27 of 2022 on Personal Data Protection and Circular Letter No. 29/SEOJK.03/2022 related to robust data security protocols for individuals and financial institutions.

There is no sector rating yet, but we foresee Indonesia’s tech sub-sector IT Consultant & Services’ prosperous future, propelled by a potent combination of supportive regulations, surging demand for security solutions, and the transformative potential of emerging technologies.