World

New Zealand central bank hit by cyber attack

Central bank governor says the breach has been contained, but what information was accessed is still unknown

Updated 5 years ago · Published on 10 Jan 2021 12:20PM

New Zealand central bank hit by cyber attack
New Zealand's central bank says it was targeted by a cyber attack, which breached one of its data systems storing sensitive information. – Pixabay pic, January 10, 2021

WELLINGTON – New Zealand’s central bank said today it was responding with urgency to a “malicious” breach of one of its data systems, a third-party file sharing service that stored “sensitive information”.

Reserve Bank of New Zealand governor Adrian Orr said the breach had been contained and the system was taken offline but it would take time to determine what information had been accessed.

“We are working closely with domestic and international cyber security experts and other relevant authorities as part of our investigation and response to this malicious attack,” Orr said.

“The nature and extent of information that has been potentially accessed is still being determined, but it may include some commercially and personally sensitive information,” he added.

“It will take time to understand the full implications of this breach, and we are working with system users whose information may have been accessed.”

In its latest report, the government agency CERT (Computer Emergency Response Team) said cyber attacks had increased 33% year-on-year in New Zealand. 

The country’s stock exchange was targeted by sustained DDoS (distributed denial of service) attacks last August, forcing trading to be halted on four consecutive days. – AFP, January 10, 2021

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