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Scams and Ransomware Cost Kiwis $6.5m in 3 Months

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Scams and Ransomware Cost Kiwis $6.5m in 3 Months

New Zealand has reported the country’s highest ever recorded quarterly financial losses to cybercrime. 

report published yesterday by the government’s national Computer Emergency Response Team (CERT NZ) revealed that $6.5 million in direct financial losses was reported nationwide in the second quarter of 2019.

CERT NZ’s findings show a marked increase in the number of cybersecurity attacks inflicted on businesses and individuals across the country between quarters one and two of this year.  

A total of 1,197 incidents were reported in quarter two, a 21% increase …

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