Indonesian Financial Services Authority
for FSTI Providers are needed to enhance understanding and awareness among stakeholders. FSTI is defined as technology-based innovations that impact products, activities, services, and business models within the digital financial ecosystem of FSTI providers. In this context, FSTI does not include digital assets and crypto assets. These guidelines provide a risk management framework to encourage a balanced ecosystem
between innovation development and consumer protection. To achieve this, several key steps must be taken. First, FSTI Providers need to implement cybersecurity guidelines. Second, ensuring that cybersecurity practices are integrated and not overlooked in the development of innovations. Lastly, it is important to keep up with technological advancements and update these guidelines to benefit consumers and the FSTI industry.
1.2. Purpose
The cybersecurity guidelines establish a framework to ensure the security and integrity of technology-based innovations in the FSTI industry, encompassing prevention strategies, cybersecurity management, risk assessment, and incident response.
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