StartCyber CrimeMore incidents with large losses reported, says NCSC

More incidents with large losses reported, says NCSC

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The National Cyber Security Centre’s Cyber Security Insights report for Q4 2024, released today, shows New Zealanders lost $6.8M to cybercrime, up 24% from $5.5M in Q3.

From 1 October to 31 December 2024, there were 17 reports of incidents with losses over $100,000. They accounted for $4.7m of the total $6.8m in financial loss reported to the National Cyber Security Centre during the period.

“This is the largest number of high-loss incidents we have seen in a quarter,“ NCSC Threat and Incident Response team lead Tom Roberts said. “These incidents are also quite varied — ranging from cyber attacks on computers and accounts, to cyber-enabled scams.”

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