Jakarta, CNBC Indonesia \u2014 The Financial Services Authority (OJK) has\nrevealed a surge in fraud in the financial sector exploiting artificial\nintelligence (AI). Up to June 2026, OJK had received 1,379 fraud reports\nsuspected of involving the use of AI.<\/p>\n
Dicky Kartikoyono, Head of the Executive Board for the Supervision of\nFinancial Services Business Conduct, Education, and Consumer Protection\n(PEPK) at OJK, said technological developments have made fraud methods\nincreasingly sophisticated, complicated and complex.<\/p>\n
\u201cWe must be increasingly careful with the various forms of financial\ntransaction fraud, which pose a serious threat because their numbers\ncontinue to rise,\u201d Dicky said during a virtual press conference on\nMonday (7\/9\/2026).<\/p>\n
According to Dicky, scammers are now exploiting various technologies\nto carry out their actions, including AI, fake identities and mule\naccounts. These methods can also be carried out through various digital\nchannels and involve cross-border networks.<\/p>\n
\u201cIn addition, the applications used are increasingly sophisticated,\nincluding the use of AI, fake identities, mule accounts, and fictitious\nidentities that can be forged even more convincingly,\u201d he said.<\/p>\n
One method that now needs to be watched is deepfake technology, which\ncan be used to falsify a person\u2019s identity, including creating audio or\nfacial content resembling the real person.<\/p>\n
\u201cUp to June 2026, OJK has received 1,379 fraud reports suspected of\nusing AI,\u201d Dicky said.<\/p>\n
He said the use of AI makes fraud harder to recognise because\nperpetrators can create identities and communications that appear\nconvincing.<\/p>\n
\u201cWe can even see that voice cloning and face cloning are widely\nused,\u201d he added.<\/p>\n
Beyond deepfakes, OJK has also found the use of fake calls, bogus\ntelephone numbers, and impersonation of particular parties. Fraud can\nalso appear in shopping transactions through e-commerce ecosystems.<\/p>\n
OJK also reminded the public about offers of AI-based trading robots.\nDicky stressed that the use of advanced technology does not\nautomatically make an activity legal.<\/p>\n
\u201cBut all of these are really scams, fraud through the various methods\nmentioned earlier,\u201d he said.<\/p>\n
OJK Strengthens Fraud Detection<\/p>\n
Facing these evolving methods, OJK and the Task Force for the\nEradication of Illegal Financial Activities (Satgas PASTI) continue to\nstrengthen prevention and enforcement efforts.<\/p>\n
Dicky said the financial services industry is being pushed to keep\ndeveloping technology, from early detection to transaction monitoring\nand the handling of customer complaints.<\/p>\n
\u201cStarting from proactive early detection at the front line, then\nlooking at the whole ecosystem through to handling complaints. Of\ncourse, the foremost effort is education and outreach to the public,\u201d he\nsaid.<\/p>\n
OJK is also strengthening the risk-based application of customer due\ndiligence (CDD) and enhanced due diligence (EDD). Checks are carried out\nnot only when customers open accounts, but also throughout the ongoing\nrelationship with them.<\/p>\n
In addition, OJK continues to update its blacklist within the digital\nfinancial ecosystem and encourages real-time transaction monitoring so\nthat suspicious activity can be identified and followed up more\nquickly.<\/p>\n
However, Dicky acknowledged these efforts remain challenging because\nperpetrators continue to refine their fraud techniques.<\/p>\n
\u201cIt is indeed a cat-and-mouse chase; those committing digital crimes\nkeep strengthening the forms of their crimes,\u201d he said.<\/p>\n
OJK and Satgas PASTI have also intensified cyber patrols of social\nmedia, websites and applications suspected of offering illegal financial\nactivities. OJK is coordinating with various digital platforms,\nincluding Google, Meta and TikTok, to identify content or activities\nclassified as illegal.<\/p>\n
According to Dicky, OJK is also discussing the implementation of\nscam-warning pop-ups in mobile banking applications as one effort to\nstrengthen consumer protection.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/thousands-of-indonesians-deceived-by-ai-1788785483", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }