BSI Guarantees Super Apps BYOND Security

Senior Executive Vice President (SEVP) Digital Banking PT Bank Syariah Indonesia Tbk (BSI) Saut Parulian Saragih. (Photo: Doc. Antara)

JAKARTA - Senior Executive Vice President (SEVP) Digital Banking PT Bank Syariah Indonesia Tbk (BSI) Saut Parulian Saragih said that security carried out digital transactions through BYOND, a new super app made by BSI, guaranteed by various security features.

"Every development (development) that we do always passes through what is called a gray box, there is a white box (test), and there is a black box (test), so all of these features go through a penetration test," said Saut Parulian Saragih in Jakarta, quoted from Antara, Monday, November 4.

He said that his party also uses hardware security modules (HSMs), computer hardware that is useful for producing, accessing, and protecting cryptography keys.

His party used the device to protect the security of the Personal Identification Number (PIN) so that customer accounts could not be hacked.

Saut said that his party also implemented a fraud detection system to detect suspicious transactions that could potentially harm customers.

"What is this example like? For example, this customer usually transacts during the day, but suddenly at 12 pm there is a transaction out of small transfers, Rp. 5,000 but a lot (so it feels suspicious). Now, it can be caught by our fraud detection system," he said.

He stated that the use of the three security features ensured that the new BYOND super apps to be officially launched on Saturday 9 November were developed following strict cybersecurity standards.

In addition to ensuring security on the application system, Saut said that his party is also trying to prevent fraud from the customer side with face recognition features.

"It's all how we detect that it's really a valid customer who will access BYOND," he said.

As a digital transformation of the previously launched BSI Mobile application, BYOND also carries a value proposition as an integrated 'financial, Social, and Spiritual friend' as a customer.

Saut said that his party was committed to ensuring that these three aspects could be optimized at once without anyone being left behind.

"We believe that business must be done not only to achieve profit, but also need to be based on noble wishes to contribute to the community as part of worship. Therefore, by BSI we are born with the concept of beyond banking in accordance with the value proposition of BSI," he added.