New Zealand – РИСК-АКАДЕМИЯ – АНО ДПО ИСАР

Cybersecurity Virtual Info Session On Nov 20

riskacademy — Fri, 20 Nov 2020 02:47:22 +0000

The Bermuda Economic Development Corporation [BEDC] will be hosting a virtual Lunch & Learn information session tomorrow [Nov 20] from 12.30pm to 1.30pm.

A spokesperson said, “Cyber criminals target companies of all sizes. Putting in practice a few cybersecurity basics will put you on the right footing, help you protect your business, and decrease cyber-risks facing your business. Want to know how? Join us on Friday, November 20th at 12.30pm for a presentation by the Cybersecurity Governance Board to find out what steps you can take now to protect your business.

“Have your questions answered by Brett Henshilwood, Partner at Deloitte Bermuda. Brett has over 15 years of risk management and internal controls audit experience within the financial services industry, gained in New Zealand, UK, and Bermuda. He chairs the Education Committee of the Cybersecurity Governance Board and will be available to answer your questions and advise on best practices.

“When? November, 20th 12:30pm – 1:30pm. Registration Info: Please register here for Cybersecurity Basics for Small and Medium-Sized Businesses on Nov 20, 2020, 12:30 PM AST

“After registering, you will receive a confirmation…

Reserve Bank releases guidance on cyber resilience

riskacademy — Thu, 22 Oct 2020 00:55:05 +0000

Organisations went digital amid the COVID-19 pandemic, which pushed many cyber attackers and scammers to take advantage of the current working environment. With that in mind, the Reserve Bank of New Zealand (RBNZ) – Te Pūtea Matua has released draft guidance on what regulated entities must consider when managing cyber resilience.

The draft guidance, which is open for feedback, details the RBNZ’s expectations around cyber resilience. It draws heavily from leading national and international cybersecurity standards and guidelines.

“As cyber risk continues to rise, there is growing awareness that cyber incidents could present risks to the stability of the entire financial system. Improving cyber resilience has become a key priority for prudential regulators around the world,” said Geoff Bascand, the deputy governor and general manager of financial stability at RBNZ.

“Last November, we announced an evolution in our policy stance towards taking a more proactive interest in improving the cyber resilience of the financial sector in New Zealand. The spate of cyberattacks across New Zealand earlier…

Delta Insurance launches personal cyber policy in the UK and Europe

riskacademy — Thu, 01 Oct 2020 02:39:07 +0000

Delta Insurance managing director Ian Pollard says the product has been a long-term project, and is the result of a successful partnership with Prospect.

Lloyd’s Broker Costero Brokers Ltd. Partners with Delta Insurance Group Based in NZ to Launch International Personal Cyber Offering ‘PerCy’

riskacademy — Wed, 30 Sep 2020 06:35:50 +0000

LONDON, Sept. 30, 2020 /PRNewswire/ — Costero Brokers Ltd. (“Costero”), a privately held London-based brokerage, which recently acquired Prospect Insurance Brokers, announced a new partnership with New Zealand-headquartered insurance business Delta Insurance Group. This partnership will allow Costero to market and distribute Delta’s Personal Cyber Insurance product ‘PerCy’ outside of Asia-Pacific initially focusing on the UK and Europe.

“The Covid-19 pandemic has forced the world to revise traditional working habits and now the majority of employees are either working from home or remote working. This has led to a vastly increased amount of crucial data being saved and stored on home devices which needs protecting,” commented Jamie Webb, Executive Vice President of Costero. “It is asking questions of gaps in commercial and personal lines cyber policies like never before and PerCy helps solve those issues. According to cyber security company InPhySec, globally, ‘around 64% workers are now remote, a 148% increase with the pandemic, and there’s been an almost 100% increase in the personal use of managed devices.'”

Amongst offering clients market leading Risk Management…

Data Security for Owners and Contractors: Protect Construction Investments From Catastrophic Loss | Bilzin Sumberg

riskacademy — Mon, 21 Sep 2020 21:39:46 +0000

Long before the COVID-19 pandemic, the construction industry was “going global” using available technology and cloud-based data storage and file sharing on all phases of projects. For example, a project owner might hire a London-based architect to design a transportation hub in the United States. The London-based architect might delegate its building information modeling work to a company in New Zealand. Cloud and internet-based platforms make all this possible, enabling the general contractor or construction manager to offer as part of its services one-stop paperless project management, stored on the cloud and password protected. Cloud and internet-based platform providers tout their products’ ability to reduce overhead costs by storing documents in a central location, limiting the hard copies of documents that kept and stored on site at project trailers, and reducing the number of local information technology professionals to staff a project.

New Cloud Infrastructure For Construction Firms

Today, as the global economy enters a “new normal,” the construction industry’s reliance on remote access has accelerated. In June 2020, Procore Technologies, a construction…

NZX DDoS. Empire absconds. Foiled cyberattack targeted Tesla. QBot and Emotet, together. Name, shame, file civil forfeiture.

riskacademy — Sat, 29 Aug 2020 06:36:47 +0000

According to the Guardian, New Zealand’s NZX stock exchange continues to suffer disruption from distributed denial-of-service attacks originating “offshore,” Halted trading in cash markets has disrupted the exchange’s debt, Fonterra shareholders, and derivatives markets. The Associated Press reports that the Government Communications Security Bureau has been brought in to help with the investigation.

Digital Shadows thinks it sees unmistakable signs that proprietors of Empire, “the largest and most trusted English-language cybercriminal marketplace,” have shut down and absconded with their clients’ money.

Egor Igorevich Kriuchkov, the Russian national arrested by the FBI and charged Monday with conspiracy to damage a computer at an unnamed US company, allegedly offered an employee of the company $1 million to help install custom malware in the company’s servers. Teslarati reports that the intended victim was Tesla, and that the employee Mr. Kriuchkov approached declined the offer and worked with the FBI to make their case. Other conspirators are presumably in Russia, where they’re safe from extradition to the US.

Check Point says that QBot has resumed malspamming this…

Australian cybersecurity company launches in NZ, plans for significant investment

riskacademy — Thu, 20 Aug 2020 06:38:07 +0000

CyberCX, the Australian based cyber security organisation, has launched in New Zealand with plans for ‘significant investment’.

CyberCX NZ will have a large specialised cyber security workforce in New Zealand, serving enterprise and government customers in an over NZ$600 million cyber security market.

The company has stated it has plans to introduce a full suite of cyber security services to protect and defend New Zealand businesses, enterprises and government agencies from global and local cyber threats.

CyberCX NZ will cover key cyber security domains, including: consult and advisory; governance, risk and compliance; incident response; penetration testing and assurance; security integration and engineering; and managed security services.

In addition, the company will also provide cloud and mobile security, and identity management services.

According to CyberCX, the company is building its New Zealand platform to deliver end to end cyber security services, supported by investment in systems, processes, tools and a centralised support structure that enables frontline teams to focus on delivering services to customers.

In the longer term, the plans for CyberCX NZ are to…

Banking post-COVID-19 requires a long-term view

riskacademy — Thu, 30 Jul 2020 23:44:07 +0000

How the banking sector chooses to respond to the significant impact caused by the COVID-19 pandemic will have a major influence on how the financial system evolves over the next decade.

The pandemic has posed significant challenges to both our economy and the financial system as a whole. We expect it will take some time before we see a full recovery, Reserve Bank – Te Pūtea Matua Deputy Governor and General Manager of Financial Stability Geoff Bascand said in a speech delivered today.

“New Zealand’s financial sector has proved resilient to the dual health and economic shocks and indeed, supported the business and household sectors through strong business continuity arrangements, the accommodation of many customers through the restructuring of borrowing terms, and only a relatively modest tightening of lending standards.

“A financial crisis and ‘credit crunch’ on top of an economic crisis would be hugely disruptive for New Zealanders’ wellbeing. The ability of financial institutions to absorb shocks, accept risk and continue lending in the face of shocks is foundational to our regulatory framework.”

Banks entered the crisis having built up strong capital and…