Reserve Bank of New Zealand data systems breached

Monday 11 January 2021 11:00 CET | News

The Reserve Bank of New Zealand has announced that it was responding with urgency to a breach of one of its data systems.

A third-party file-sharing service used by the central bank to share and store some sensitive information was illegally accessed; Reuters cited a bank statement.

RBNZ Governor Adrian Orr said the breach had been contained but added it would take time to understand the full implications of this breach.

In August 2020, the operator of New Zealand’s stock exchange was hit by cyberattacks. InPhySec, an independent cybersecurity firm tasked with reviewing the cyber-attacks, said the volume, sophistication, and persistence of the attacks were unprecedented for New Zealand.

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Keywords: Reserve Bank of New Zealand, data breach, data systems, New Zeeland, banking, fraud prevention, cyber attack
Categories: Fraud & Financial Crime
Countries: New Zealand
This article is part of category

Fraud & Financial Crime