Industry News

NZ can learn from the Baltimore cyberattack

New Zealand can take lessons from Baltimore in the United States which until a few days ago, was offline following a ransomware cyberattack for more than a week, FintechNZ general manager James Brown says.
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Few NZ companies have adequate cyber protection

Barely six percent of business and companies in New Zealand have adequate cyber protection which means they are not prepared for cyber-attacks, FintechNZ general manager James Brown says.
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Sweeping changes about to flow through fintech in NZ

Auckland – New Zealand should change its financial tech systems to drive the Kiwi economy or the country may miss out on sweeping changes, FintechNZ general manager James Brown says.
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Accelerating the uptake of tech in the NZ economy is crucial

Christchurch – The Productivity Commission’s new inquiry into the impact of tech on the future of work in New Zealand is a valuable first step for government to be better informed about the effect of tech developments when making policy, the national artificial intelligence organisation, the AI Forum NZ, says.
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Substantial growth expected in the New Zealand agritech sector

Kiwis can expect to see substantial growth in the agritech sector in the next 12 months, AgritechNZ chief executive Peter Wren-Hilton says. Recent research suggests that New Zealand had approximately $1.4 billion worth of agritech exports in 2018 and was growing at a compound annual growth rate of four percent but New Zealand is underperforming … Continue reading "Substantial growth expected in the New Zealand agritech sector"
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NZ can do better on digital privacy

New Zealand can do better than to accept that just two percent of people trust social media to look after their information, when 75 percent of Kiwis go ahead anyway, Digital Identity NZ executive director Andrew Weaver says. He was commenting on Symantec’s latest Insights Report which shines a light on the challenge Kiwis face … Continue reading "NZ can do better on digital privacy"
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NZ may become a global blockchain leader

Auckland – Kiwis could be future leaders in the billion-dollar global blockchain market across government and industry, BlockchainNZ executive director Mark Pascall says.
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Tech firms’ continued R&D growth driving economic growth

Auckland – New data from Statistics NZ highlights the continued growth of R&D (research and development) by tech firms, with computer services and scientific and tech services making up 35 percent of all R&D investment.