February 21, 2024

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Navigating New Zealand’s Cybersecurity Frontier

In the ever-evolving landscape of technology, the year 2022/2023 marked a significant juncture for cybersecurity in New Zealand. The National Cyber Security Centre (NCSC) revealed a sharp increase in financially motivated cyber activities, surpassing state-sponsored incidents for the first time. This shift in dynamics signals a crucial turning point in the realm of cybersecurity, one that demands heightened vigilance and adaptive measures from organisations across the country.

Image credits: New Zealand Cyber Threat Report

With an eye on defending against an increasingly sophisticated threat landscape, organisations in New Zealand find themselves facing a relentless onslaught from cybercriminals. These malicious actors, driven by financial gain, are employing tactics aimed at extorting payments from businesses. However, there’s a silver lining amid this adversity. Organisations, increasingly cognisant of these tactics, are bolstering their resilience to withstand such coercive manoeuvres.

Yet, this resilience is constantly put to the test as cyber adversaries innovate, adopting novel techniques and technologies that challenge conventional detection methods. The advent of cutting-edge technologies like generative artificial intelligence (AI) further amplifies the need for organisations to exercise stringent governance, ensuring the adoption of these advancements while mitigating associated privacy and security risks.

Amidst this turbulent landscape, the NCSC stands as a bastion of defence, dynamically adapting to confront the ever-shifting cybersecurity scenario. This year, the NCSC’s interventions and expertise have been instrumental in preventing an estimated NZ$65.4 million in potential harm to vital national entities.

Notably, over the past four fiscal years, the NCSC’s capabilities have been pivotal in detecting approximately one-third of all recorded incidents. In 2022/2023, the NCSC took proactive measures, successfully disrupting over 250,000 malicious cyber events through the implementation of Malware Free Networks®.

In the span of the reported period, 316 cyber incidents targeted nationally significant organisations, a slight decrease from the 350 incidents documented in the preceding year, 2021/2022. Notably, 73 of these incidents, equating to 23%, demonstrated potential connections to suspected state-sponsored actors – a decline from the previous year’s figure of 34%. Conversely, 90 incidents, accounting for 28%, displayed indicators of criminal or financially motivated activity, marking a rise from the 23% recorded in the prior reporting period of 2021/2022.

In a significant move towards fortifying the nation’s cybersecurity infrastructure, the NCSC, in conjunction with New Zealand’s Computer Emergency Response Team (CERT NZ), has become the forefront operational cybersecurity agency for Aotearoa New Zealand. This integration promises a unified approach, pooling resources, and expertise, and fostering both domestic and international alliances for a more robust defence against cyber threats.

The integration not only streamlines operations but also ensures a consistent stream of guidance and support for New Zealanders facing cybersecurity challenges. By providing a centralised hub for advice and assistance during cyber incidents, this merger aims to facilitate a more cohesive response to threats faced by the nation.

The NCSC’s latest report has positive insights, offering actionable strategies to combat the recurring tactics employed by cyber adversaries. Encouraging organisations to leverage these insights, the report emphasises the need for continuous review and enhancement of cybersecurity controls and governance. Furthermore, it extends a supportive hand, urging organisations to seek additional assistance when needed.

As New Zealand navigates the complexities of an increasingly digitised world, the NCSC’s report serves as a pivotal guidepost, advocating a collective effort towards fortifying the nation’s cyber resilience. In this concerted endeavour, organisations are not merely defending digital infrastructures but safeguarding the collective prosperity and security of the nation.

OpenGov Asia reported that the New Zealand Police issued a warning regarding a targeted email campaign that has notably affected various organisations, with a particular emphasis on schools. This digital threat has instigated increased vigilance among authorities and spurred collaborative efforts aimed at mitigating potential risks posed to the targeted entities.

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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