MSC NewsWire

Founded by Max Farndale 1947 - 2018
Wednesday, 18 May 2022 08:16
  • Home
    • About Us
    • Pricing
    • Global Presswire
    • Industry Organisations
  • News Sectors
    • Headlines Through Today
    • Environmental Talk
    • Out of The Beehive
    • Primary Sector Talk
    • Reporters Desk
    • The MSC NewsReel
    • MSCNetwork
    • FinTech Talk
    • The FactoryFloor Newsreel
    • Trade Talk
    • News Talk
    • Industry Talk
    • Technology Talk
    • Blockchain
    • Highlighted
    • The TravelDesk
      • TravelMedia
      • Sporting Tours
      • Holidays Tours Events + More
      • Airfares
      • Travel Enquiry Form
      • TravelBits
    • Travel Updates
    • The MSC TravelDesk Newsreel
    • Travel Talk
    • Travel Time
    • The Bottom Line
    • Regional News
    • News to Run Advice Form
    • World News
    • NewsDIRECT
    • MSCVoxPops
    • Press Releases
  • National Press Club
  • Contact Us

Kiwis report $5.3million lost to cyber security issues in 2017

  • font size decrease font size decrease font size increase font size increase font size
  • Print
  • Email

Mar 28, 2018  - CERT NZ has today released its final figures for 2017, showing that New Zealanders reported more than $5.3 million lost to cyber security issues to CERT NZ, New Zealand’s dedicated cyber security unit.

“Since launching in April 2017, we’ve seen New Zealanders from all walks of life reporting cyber security issues to us. More than 1000 reports were received by CERT NZ in 2017,” says Rob Pope, Director, CERT NZ.

“While loss is about more than dollars and cents, each quarter we continue to see a marked increase in the financial value of losses that people and organisations have experienced. In the last quarter of 2017, people reported $3.4 million in losses - more than double the financial losses reported in quarter three.

“The small business community are often targeted by cyber criminals through the use of invoice scams and phishing campaigns. This year we heard all too often that business owners thought they were too small to be a target and didn’t need to worry about cyber security issues. However, cyber criminals are indiscriminate in their targeting and anyone online can be affected,” said Mr Pope.

Another key trend CERT NZ saw in 2017 was a rise in cryptocurrency scams, with attackers trying to take advantage of increased investment in cryptocurrencies in New Zealand. These types of scams resulted in nearly $265,000 in losses in quarter four alone.

“Our work on cryptocurrency scams shows CERT NZ’s connecting role: we gather intelligence from our international counterparts and work with other government agencies that are seeing the impacts of cryptocurrency scams across the financial and regulatory sectors. We combine this information with the incident reports we receive to provide actionable advice and insights for New Zealanders,” says Mr Pope.

CERT NZ launched in April 2017 to help people connect with the help they need when experiencing cyber security issues, and providing expert advice to help all New Zealanders protect themselves from cybersecurity threats.

“We use data to help New Zealanders stay safe from cyber security threats and we need people to lodge a report with CERT NZ to help us build a more detailed picture of the issues Kiwis are facing in their online lives. Anyone can report a cyber security incident to CERT NZ and get help to recover. Receiving these reports also means we can proactively help other New Zealanders who may be affected by the same issue,” says Mr Pope.

If you or your organisation experiences a cyber security threat – or if you suspect you may have been exposed to one – contact CERT NZ any time at www.cert.govt.nz or call 0800 CERT NZ, Monday to Friday, 7am – 7pm.

Read CERT NZ’s latest report on www.cert.govt.nz 

| A CertNZ release  ||  March 28, 2018   |||

 

 

 

 

Published in News
Tagged under
  • news talk

Related items

  • Sir Bill English to be honoured by Victoria University of Wellington
  • Higher bank capital better for banking system and NZ
  • Plastics industry helps designers create easy-to-recycle packaging
  • Great Barrier unhappy with Auckland’s marine sludge plan
  • XE Update Friday 30 November, 2018
More in this category: « Absolutely astonishing' Zuckerberg sending subordinates Six scholarships engage CRFU players in studying »
back to top
Nov 23, 2018

There are immense trading opportunities in the Pacific region – but not while we’re shackled to the EU’s customs union

in BREXIT
May 30, 2018

Supply pressure building in major world beef markets

in TRADE
Jul 31, 2018

Contact Energy sells Rockgas LPG business for $260M to pay down debt

in BUSINESS
Mar 21, 2018

Synlait announces record half year profit

in BUSINESS
Aug 17, 2018

NZ dollar fails to break above 66 US cts as US-China trade tensions appear to ease

in BUSINESS
May 01, 2018

GMP Pharmaceuticals announces general manager appointment

in BUSINESS
Sep 12, 2018

Electricity sector review highlights strengths and future needs

in BUSINESS
Sep 09, 2018

Project set to open in stages from January

in CONSTRUCTION

MSC NewsWire is a gathering place for information on the productive sector in New Zealand focusing on Manufacturing, Productive Engineering and Process Manufacturing

  • Home
  • Global Presswire
  • Industry Organisations
  • National Press Club
  • Disclaimer
  • About Us
  • Pricing
  • Sitemap
Copyright © 2022 MSC NewsWire. All Rights Reserved.
Site Built & Hosted by iSystems Limited
Top
Home