Home to 275 million people, Indonesia is fostering a start-up ecosystem with new government-led initiatives such as the #1000StartupDigital movement, encouraging new and existing businesses to ‘Go Digital and Go Global’. This can potentially take Indonesia's digital economy closer to reaching USD 124 billion by the end of 2025, according to a study by Google, Temasek, and Bain & Company.CloudSEK’s contextual AI digital risk platform XVigil is closely monitoring underground cybercrime forums for cyberattacks against Indonesia.

We have noticed a sharp spike in cyberattacks against Indonesian entities. Therefore, our focus in this blog is to understand threat actors’ motivation and TTPs (tactics, techniques, and procedures) by comparing our data from 2021 and 2022.