The Strategy of the Financial Services Authority in Addressing the Evolution of Banking Crimes

Author(s): Dwi Rimadona, Enny Mirfa, Dita Febrianto, Siti Nurhasanah, Kasmawati Kasmawati

Institution: Universitas Samudra, Indonesia

Category: Articles, IJMMU, Financial Institutions, Crime, Strategy, Law Enforcement

Topics: Financial Services Authority; Banking Crimes; Digital Security Regulation

Abstract: This study discusses the strategies implemented by the Financial Services Authority (OJK) in addressing the evolution of banking crimes in the digital era. Along with the rapid development of digital technology, the banking sector faces new, increasingly sophisticated threats such as cybercrime, online fraud, and personal data theft. In facing these challenges, OJK formulates policies and regulations that prioritize customer protection, strengthening digital security systems, and enhancing inter-agency collaboration. This study also evaluates the preventive and reactive measures taken by OJK, including the implementation of advanced security technologies and public education on banking crimes. Finally, the study provides recommendations on the importance of international collaboration and adaptive regulatory updates to address the continuously evolving threats.

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