Jakarta, November 14th, 2017 – The vast growth of digital technologies nowadays has been seen as a sign that every single business and industry there is, are quickly moving forward towards digital era. While it is good to have digitalized business and industries, the risks and threats of cybercrime also grew more significant along with the growth of technologies, especially for financial and banking industries.
“We always see digital technologies as enabler and added value for our customers, but now digital technologies have become important part in our economy, and as the growth continues, security solutions are needed in order to protect all important data. Therefore, businesses and industries owners have to be prepared to face the seriousness of cyber security challenges nowadays.” Said Sumarto Santosa, President Director of Q2 Technologies at the greetings of Fraud Prevention Executive Briefing, Tuesday, November 14th, 2017, located at Room Mutiara 10, Ritz Carlton Hotel, Mega Kuningan Jakarta.
Financial crimes, have become real threat for financial institutions causing high demand on process improvements, organizations, and improvement on technologies. Regulators have implemented new steps and insisting direct involvement from the businesses’ management and directors in risk management and crime prevention. Risk management in financial crime is not only a request by government as a regulator, but also a vital requirement in keeping the customers’ safety and satisfaction. Aside from regulation cost and financial crime in businesses, financial institutions also find the customer risk management as one of the many ways to keep the corporate reputation.
Q2 Technologies, a subsidiary of PT Anabatic Technologies, Tbk which focus on IT Security Solutions, found out in a research that Cyber Security is one of the top IT trends in 2017. Cyber Security also becomes the main highlight to speed up the digital transformation process of organizations. This is because assurance in security for data is needed for organizations to quicken the digital transformation process.
NICE Actimize is the partner of Q2 technologies as the provider of IT solution in the field of “Financial Crime, Preventing Fraud, and Providing Regulatory Compliance”. NICE Actimize is one of the best organization bringing solutions to fight financial crimes, risk and compliance, for financial institutions and government. As one of the leading company in this field, NICE Actimize is the expert in developing protection and innovation in technologies where they offer protection for their customers and also to provide asset for identifying financial crimes, preventing fraud, and provide compliance to government as a regulator of financial policy.
The seminar was divided into three sessions. The first session was the description of “The Fraud Landscape: How Next-Generation Banking Fraud Threats and Prevention Strategies.” Brought by Ms. Rivka Gewirtz, Director of Product Marketing of NICE Actimize.
Second session was the panel discussion, bringing the issue of “Protecting Payment: Emerging Fraud Threats Across Geographies” with Panelist Mr. Iriawan Kamal Thalib, Head of Financial Crime and Security Service of Bank DBS Indonesia, and Ms. Rivka as the moderator.
The last session of the seminar was closed after the discussion about “Enterprise Fraud Management: Taking a Holistic Approach to Cross-Channel, Cross Payment Coverage” with panelist Dr. Henrisa Lubis, Head of Digital Banking Bank Tabungan Negara (BTN), and Ms. Rivka as the moderator.