NZ cyber security summit next February critical to reducing cyber threats
Tāmaki Makaurau - Cyber-attacks are on the rise around the world, with healthcare and utilities the most targeted sectors.
Organisations must not only defend against attacks but be able to recover quickly after a major disruption.
Business leaders must embed cyber resilience across their organizations to protect against digital threats.
The national cyber security summit will be held in Wellington early next year which is attracting huge interest already.
With the recent ransomware and trojan attacks both here in New Zealand and in Australia, cyber security has been catapulted to the top of every business's to-do list.
Although there have been high-profile cases that have hit the news, CERT New Zealand has noted that cyber-attacks were up 65 percent in 2020.
The cyber security summit next February is being staged by NZTech and Brightstar.
Business critical activities have been disrupted, data has been compromised and the threat continues to evolve at a fast pace, NZTech chief executive Graeme Muller says.
“This year alone, many providers of essential services including energy, healthcare, food, and transportation have been hit by ransomware attacks which crippled their operations and had cascading effects on critical functions that we rely on.
“The covid pandemic has exposed even more opportunities and vulnerabilities. According to a recent report, there has been a 102 percent global surge in ransomware attacks compared to the beginning of 2020, and healthcare and utilities were the most targeted sectors.
“By now, most businesses recognise that they have to invest significant amounts of cash and resources in cybersecurity. Collective global spending has now reached $145 billion a year and is predicted to exceed $1 trillion by 2035.
“As the number and impact of cyber-attacks continue to rise, I believe we are not doing enough about cybersecurity.
“No company has the resources to fix all cyber issues and not all fixes are equally important. It is only by starting to identify activities that are important to a business, and understanding how attacks could disrupt them, that one could start to prioritise the process of risk mitigation.
“We’re at a crossroad where cyber resilience has become a defining mandate of our time, to anticipate future threats, withstand, recover from cyber-attacks, and adapt to future digital shocks,” Muller says.
“We have high expectations when it comes to security in the physical world and the government, businesses and individuals invest in physical security at a much high rate than cyber security.
“It is time to treat the security of our digital and physical worlds as equally important and invest appropriately as a nation.”
For further information contact NZTech’s media specialist Make Lemonade editor-in-chief Kip Brook on 0275 030188
Photo: NZTech chief executive Graeme Muller
Lisa was born in Auckland at the start of the 1970s, living in a small campsite community on the North Shore called Browns Bay. She spent a significant part of her life with her grandparents, often hanging out at the beaches. Lisa has many happy memories from those days at Browns Bay beach, where fish were plentiful on the point and the ocean was rich in seaweed. She played in the water for hours, going home totally “sun-kissed.” “An adorable time to grow up,” Lisa tells me.
Lisa enjoyed many sports; she was a keen tennis player and netballer, playing in the top teams for her age right up until the family moved to Wellington. Lisa was fifteen years old, which unfortunately marked the end of her sporting career. Local teams were well established in Wellington, and her attention was drawn elsewhere.