Bank Sinarmas Disburses IDR 448 Billion To Strengthen Information Technology Sector

The press conference on the cooperation agreement between Bank Sinarmas and the National Cyber and Crypto Agency (Photo: Andry Winanto/VOI)

JAKARTA PT Bank Sinarmas Tbk. is known to allocate funds of around US$25 million to US$30 million (around Rp448 billion) for the development of the information technology sector (IT) in the 2023 financial year.

"This year, the capital expenditure (capex) in the IT sector is around 25 million dollars to 30 million dollars," said Bank Sinarmas Director Soejanto Soetjijo when met in Jakarta on Saturday, May 20.

Meanwhile, if this figure is converted into an APBN exchange rate of Rp. 14,800, it ranges from Rp. 370 billion to Rp. 444 billion. Furthermore, Soejanto revealed that this value includes the expansion of the IT sector's capabilities.

"This includes everything, be it infrastructure development, namely hardware and software, databases," he said.

Soejanto explained that the company implemented its own strategy in securing the information technology sector. According to him, Bank Sinarmas has implemented a Security Majority Index scheme since 2018 which can represent its security level.

It was stated that the results of the last audit in 2021 stated that the level of security at Bank Sinarmas was above average.

"Our sponsor after the audit turned out to be above the regional peer bank index. We are optimistic that this security will also increase readiness in Islamic banks (which will spin off this year)," he said.

On this occasion, Soejanto also said that his party had built a synergy with the National Cyber and Crypto Agency (BSSN) to increase the security element in the business process within the company.

As a reciprocal, Bank Sinarmas facilitates students of the BSSN National Cyber and Crypto Polytechnic to be able to apply their knowledge directly in the field.

Very massive technological developments need to be accompanied by awareness and knowledge of cybersecurity. The current rise of cyber attacks encourages Sinarmas Bank Islamic Business Units to collaborate closely continuously to produce young seeds that excel in terms of cybersecurity," concluded Soejanto Soetjijo.