BDO: Cyber Resilience Crucial Amidst Cloud & AI Risks

The rapid development of cloud computing and AI brings both opportunities and massive cyber risks for businesses. A recent cyberattack in February 2026 caused a regional Indonesian bank to lose 143 billion rupiah from over 6,000 customer accounts. Hackers used a mass auto-debit attack. The bank had to freeze mobile banking and ATM access for months to mitigate the damage. An investigation revealed critical security failures, including outdated IT systems from 2012, weak governance, and poorly managed vendor risks. Reza Aminy, from BDO in Indonesia, notes that the cost of recovery was much greater than prevention. Cyber threats are evolving quickly. In cloud environments, identity compromise is behind 83% of major intrusions. Attackers exploit social engineering and steal authentication tokens. AI, while boosting productivity, also facilitates cybercriminals by automating malware and creating realistic phishing attacks and deepfakes. One case saw fraudsters use AI-generated audio and video to impersonate a CFO, stealing 25 million US dollars. To combat this, organizations need to move from manual defenses to automated security. This matters because robust cybersecurity is crucial for protecting financial assets and maintaining operational stability in the digital age.