Proactive advisors to face challenges
Cybersecurity, digital disruption (including AI), business continuity, and climate change remain to be the risks need to be mitigated in Indonesia in the next three years. A bit different with Asia Pacific and worldwide, where climate change, beside digital disruption (including AI), is expected to be the fastest climbing risk.
After series of election in 2024, Indonesia will navigates through new government in 2025. Indonesia Risk in Focus 2025 provides insight into urgent questions for organizations and their boards, including:
- What are the top risks organizations face in the region?
- How will these develop over the next three years?
- How internal audit focus may change in the future?
- Which areas that will be negatively impacted by artificial intelligence?
In 2025, it is expected that top risks in Indonesia are cybersecurity, fraud, business continuity, digital disruption (including AI), and regulatory change.
In near future those risks most likely will change since people will be more alert on climate change and geopolitical uncertainty than fraud and regulatory change.
Indonesia is a very large country and has unique geographical conditions. It means digital disruption is an inevitability that cannot be avoided. Technological progress has its own challenges but also provides wide open opportunities. Internal auditors in Indonesia need to be proactive as advisors for strategic success and facing tough challenges. Effective communication with both management and board will have great importance to successfully executing internal audit assignments.
