• About
  • Advertise
  • Testimonials
  • Contact
Monday, 9 December, 2019
No Result
View All Result
OpenGov Asia
SUBSCRIBE
  • Academy
  • Channels
    • Augmented Intelligence
    • Big Data
    • Cloud
    • Cyber Resilience
    • Digital Economy
    • Digital Transformation
    • Education
    • FSI Fintech
    • Healthcare
    • IoT
    • Mobility
    • Open Data
    • Public Safety
    • Smart Cities
    • All
  • Countries
    • Australia
    • China
    • Hong Kong
    • India
    • Indonesia
    • Malaysia
    • New Zealand
    • Philippines
    • Singapore
    • Taiwan
    • Thailand
    • Vietnam
    • Global
  • Events
    • Upcoming Events
    • Past Events
  • Expert Opinions
  • Awards
  • White Papers
  • Academy
  • Channels
    • Augmented Intelligence
    • Big Data
    • Cloud
    • Cyber Resilience
    • Digital Economy
    • Digital Transformation
    • Education
    • FSI Fintech
    • Healthcare
    • IoT
    • Mobility
    • Open Data
    • Public Safety
    • Smart Cities
    • All
  • Countries
    • Australia
    • China
    • Hong Kong
    • India
    • Indonesia
    • Malaysia
    • New Zealand
    • Philippines
    • Singapore
    • Taiwan
    • Thailand
    • Vietnam
    • Global
  • Events
    • Upcoming Events
    • Past Events
  • Expert Opinions
  • Awards
  • White Papers
No Result
View All Result
OpenGov Asia
No Result
View All Result
Home Cyber Resilience

How New Zealand and the world can address cyberattacks

by Teresa Umali
6 November, 2018
in Cyber Resilience, New Zealand, News
How New Zealand and the world can address cyberattacks
5
SHARES
21
VIEWS
Share on LinkedInShare on Twitter

An expert on regional responses to cyber security, cyber warfare and other transnational security challenges led a captivating talk about the impacts of cybersecurity in New Zealand and globally, according to a recent report.

Cyberattacks may seem less tangible than extreme weather events or acts of terrorism, but they are pervasive, damaging and must be taken seriously.

The University of Waikato academic highlighted a seemingly worldwide conundrum, which included accusations of cyber subversion upsetting the US democratic election process.

The Wannacry ransomware hacking event in 2017 was also mentioned, which was evidence that cyber “insecurity” is widespread and costly.

Indeed, the price tag of cybercrime is currently NZ$ 600 billion annually and is expected to jump to NZ$ 6 trillion annually by 2021.

People, businesses and organisations remain to be at risk of cyber insecurity because cyber-related threats, attacks and incidents are by definition fast moving and innovative.

The strategies to mitigate or prevent such activities simply cannot keep up with the ever-changing approaches.

Cybercriminals, for instance, are becoming more and more sophisticated, obtaining personal information through social media profiles and activities.

They do this in order to develop tailored subversion tactics that can fool even the most astute online user.

Furthermore, the growing use of multiple, interconnected devices like phones and tablets, at-home entertainment systems and even cars, increases the vulnerability to cyber subterfuge.

One in five Kiwis is affected annually by cybercrime, at an estimated cost to the country of nearly NZ$ 260 million in 2016.

More than half of New Zealand businesses say they do not have an incident response plane for cyberattacks.

Yet, 40% of companies think it is likely that they will experience some form of cybercrime in the next 24 months.

Given these numbers, it is perhaps surprising that New Zealand is ranked among the top 10 countries in the world considered to be “cyber mature”, or best prepared for cyberattacks.

New Zealand boasts of a number of cyber security initiatives to support this high global ranking. These include a National Cyber Security Centre and a National Cyber Policy Unit.

It also has a Cortex programme of capabilities to counter cyber threats to organisations of national significance.

New Zealand has also established the NZ Computer Emergency Response Team (CERT) as well as a NZ Cyber Skills Taskforce to address the shortage of cyber professionals in the country.

The expert called for global collaboration and conversation to help instigate the kind of real action needed in the fight against cyber insecurity.

A plethora of international initiatives were identified to help win the battle against cyber insecurity. One is the Convention on Cybercrime of the Council of Europe (CETS No. 185), which is also known as the Budapest Convention.

Second is the appointment of cyber ambassadors to engage with neighbouring countries and serve as a UN advocate.

Another would be the establishment of a Cyber Geneva Convention to help prevent cyberattacks on “soft” targets such as health care services and systems.

The development of an international strategy around artificial intelligence (AI) could also help.

National strategies, collaborations among businesses, and a wide debate about exposure to and risk of cyber insecurity are needed since evidence of what can happen when these issues are not taken seriously are already there.

Next Post
Harnessing VR to attract minerals industry talent

Harnessing VR to attract minerals industry talent

Recommended

Singapore’s new facial and iris clearance system for immigration

Singapore’s new facial and iris clearance system for immigration

4 days ago
Auto Draft

Malaysia developing smart farming project with South Korea

6 days ago
Exploring how blockchain can boost Australia’s creative industries

Exploring how blockchain can boost Australia’s creative industries

6 days ago
Inspector Clif: Singapore Police Force’s new police avatar

Inspector Clif: Singapore Police Force’s new police avatar

6 days ago

Popular News

  • Police clearance applicants in the Philippines can pay online through Land Bank's e-payment channel

    Police clearance applicants in the Philippines can pay online through Land Bank’s e-payment channel

    885 shares
    Share 354 Tweet 221
  • Exclusive: ABN AMRO staying ahead of the game

    111 shares
    Share 44 Tweet 28
  • The current state of cyber security in India

    1418 shares
    Share 576 Tweet 351
  • Singapore taking major steps with Artificial Intelligence

    92 shares
    Share 46 Tweet 19

Channels

  • Augmented Intelligence
  • Big Data
  • Cloud
  • Cyber Resilience
  • Digital Economy
  • Digital Transformation
  • Education
  • FSI Fintech
  • Healthcare
  • IoT
  • Mobility
  • Open Data
  • Public Safety
  • Smart Cities
  • All

Newsletter

OpenGov releases new digital content daily on trending topics within technology and the public sector. Join our newsletter to have weekly digests of our content conveniently sent to your email address.

 SUBSCRIBE

OpenGov Asia

  • About
  • Testimonials
  • Advertise
  • Career
  • Cookies Policy
  • Privacy Policy
  • Contact

About Us

OpenGov is a content platform, dedicated to sharing ICT-related knowledge and information between governments. We focus on the public sector in the Asia-Pacific region. We help governments become more Efficient, Agile, Transparent and Secure, so as to improve the lives of their citizens.

  • About
  • Testimonials
  • Advertise
  • Career
  • Cookies Policy
  • Privacy Policy
  • Contact

© 2019 OpenGov Asia - CIO Network Pte Ltd.

No Result
View All Result
  • Academy
  • Channels
    • Augmented Intelligence
    • Big Data
    • Cloud
    • Cyber Resilience
    • Digital Economy
    • Digital Transformation
    • Education
    • FSI Fintech
    • Healthcare
    • IoT
    • Mobility
    • Open Data
    • Public Safety
    • Smart Cities
    • All
  • Countries
    • Australia
    • China
    • Hong Kong
    • India
    • Indonesia
    • Malaysia
    • New Zealand
    • Philippines
    • Singapore
    • Taiwan
    • Thailand
    • Vietnam
    • Global
  • Events
    • Upcoming Events
    • Past Events
  • Expert Opinions
  • Awards
  • White Papers

© 2019 OpenGov Asia - CIO Network Pte Ltd.

This website uses cookies to improve your experience. By using this site, you agree to our Privacy Policy. Accept Reject