Cyber risk insights

Kia ora,

Tomorrow at our Cyber Security Risk Conference, we’re diving into critical threats and emerging opportunities. As cyber risks grow more complex, these discussions will equip us with valuable insights to safeguard ourselves and stay ahead.

Last week’s Cyber Security Insights report by the National Cyber Security Centre (NCSC) showed the agency responded to 1,203 incidents about individuals and businesses and 121 incidents of potential national significance. Direct financial losses reached $6.8 million, a 3% increase from the previous quarter. There was a 31% decrease in the phishing and credential harvesting category. While there was little change in the number of incidents of unauthorised access, the reported financial loss for this category surged dramatically from $390,000 in Q1 to $3.6m in Q2.

Later in the week I’ll be in Christchurch, meeting members and then opening the 21st Canterbury Tech Summit. Speakers include Melissa Clark-Reynolds discussing how AI is reshaping the future of intellectual property (IP) and Seequent’s Graham Grant sharing their focus on world class collaboration. Get your last minute tickets here.

In other news, voting for the EdTechNZ Executive Council is now open. Voting for the IoT Alliance Executive Council closes today. Nominations are open for the FinTechNZ Executive Council and the AI Forum Executive Council. These opportunities empower our members to play a significant role in shaping the future of our sector.

Ngā mihi nui
Graeme Muller
CEO
NZTech

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Read the full news here: Cyber risk insights

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