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BSI ousts directors for IT, risk management after data breach
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Back in business: A Bank Syariah Indonesia (BSI) teller counts United States dollar banknotes at the bank’s branch office on Jl. Thamrin in Central Jakarta on May 11, 2023. The management said the bank had resumed operations after hackers allegedly stole customers’ personal data recently. (Antara/M Risyal Hidayat)
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tate-owned Bank Syariah Indonesia (BSI) has replaced information technology director Achmad Syafii and risk management director Tiwul Widyastuti following a major data breach.
As announced during the sharia lender’s general shareholders meeting on Monday, the executive positions have been reassigned to Saladin Effendi and Grandhis Helmi, respectively.
The firm has insisted that its customers’ funds are safe despite a group of hackers releasing some of the allegedly stolen data from the bank's systems last week.
Prior to the appointment, Saladin served as chief information security officer at Bank Mandiri, another state-owned bank and parent company of BSI. He also has experience as chief information officer in another local sharia lender, Bank Muamalat, and as head of information technology at HSBC.
At the same time, BSI shareholders also named the former head of the Financial Services Authority’s (OJK) board of commissioners, Muliaman Hadad, as president commissioner.
State-Owned Enterprises (SOEs) Minister Erick Thohir, who also heads the Sharia Economic Society (MES), called the security incident at BSI "intolerable" and stressed the need to protect the bank's reputation as the "backbone of the national sharia economic ecosystem."
"We heard a lot of disappointment and complaints from people. As the leader, we have to be bold in making decisions. Don’t break people’s trust and cause them losses," Erick said in a statement on Monday.
