TheJakartaPost
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Digital economy challenges: Data privacy, cybersecurity
In 2017, there were 159,700 cyber incidents targeting United States businesses.
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In 2017, there were 159,700 cyber incidents targeting United States businesses. (Shutterstock/File)
T
he digital economy’s role in Indonesia is becoming increasingly important. McKinsey has reported that by going digital, Indonesia can unleash the next level of economic growth to the tune of US$150 billion, 10 percent of the gross domestic product (GDP), in annual economic impact by 2025.
This is supported by the commitment of the government to reach a value of $130 billion by the year 2020. The number of internet users in Indonesia in 2017 reached 112 million people, placing Indonesia in sixth place in the world.
This number will continue to grow in the foreseeable future; hence the digital market size in Indonesia will continue to grow.
The rise of the digital economy in Indonesia requires the use of big data. To understand the concept of data, we need to first define what data is. The dictionary defines data as facts and statistics collected together for reference or analysis.
