News and Updates on Information Technology

New Zealand – The Reserve Bank of New Zealand

Exploit: Ransomware
The Reserve Bank of New Zealand: Central Government Bank 

Risk to Small Business: 1.827 = Severe

The Reserve Bank of New Zealand (RBNZ) announced that it has experienced a data breach as a result of an unauthorized access incident at a third-party file-sharing service used by the bank to share and store some sensitive information. The nature and extent of information that has been potentially accessed is still being determined

Individual Risk: There is no confirmed information about the nature of this stolen data, but it may include some commercially and personally sensitive information.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Ransomware is a favored weapon for both run-of-the-mill cybercriminals and nation-state hackers – and no organization is too big or too small to fall victim to ransomware.