OJK Flags Cyber and AI Threats While Addressing Fintech Lending Challenges for 2026

Indonesia's Financial Services Authority (OJK) highlighted the need for stronger governance and risk management to confront cyber attacks, misuse of artificial intelligence and heightened geopolitical uncertainty. At the Risk and Governance Summit 2026, board member Sophia Issabella Watimena stressed that robust governance is essential for achieving national development goals, citing data from the National Cyber and Crypto Agency (BSSN) that shows significant transaction anomalies in the financial sector.

OJK also outlined the main challenges facing the peer‑to‑peer fintech lending industry, including economic dynamics that affect borrowers’ repayment capacity, the presence of illegal online lenders and elevated credit‑risk levels. Executive Agusman noted that outstanding fintech P2P financing reached Rp 103.73 trillion in May 2026, a 25.6% year‑on‑year increase, while sector profit rose 37.4% to Rp 1.08 trillion. The aggregate non‑performing loan ratio improved to 4.42% from 4.62% in April. OJK remains optimistic that, with reinforced governance, risk controls and consumer protection, the fintech lending sector will continue to grow healthily through the end of 2026.