At Craigs we are acutely aware of the importance of cyber security, and take our role as guardians of client data seriously. We are proud supporters of CERT NZ’s annual awareness campaign, Cyber Smart Week, empowering New Zealanders to protect themselves online.
Craigs partners with a specialist cyber security firm to ensure our policies, procedures, and prevention and detection mechanisms are up to date and effective.
We also engage an objective, external agency to undertake an annual internal control audit across key systems and platforms to ensure we are following industry best practice principles.
We increasingly live our lives online, where scams are becoming more frequent and harder to detect.
You may recall a major investment scam made headlines in February, stealing millions of dollars over the course of a month. The scam website ranked highly in searches for ‘term deposit comparison NZ’ on Google, and applicants were sent what appeared to be professional prospectus documents.
In the quarter 1 April – 30 June 2023, CERT recorded 1,950 cyber safety incidents, with $4.2 million in direct financial loss. The highest quarter recorded by CERT was 1 October – 31 December 2021, with $6.6 million in direct financial loss.
While these incidents are devasting for victims, CERT NZ says there are simple measures we can take to protect ourselves online, “The good news is many cyber security incidents can be prevented, or have less impact, when protective measures are put in place. This includes seemingly simple actions like changing privacy settings in social media and using long, strong and unique passwords.”
If you are concerned about suspicious emails or think that your email or other personal information has been compromised, please contact your adviser, bank, or relevant information provider immediately.
Using these simple and effective actions will improve your cyber resilience and could prevent or reduce the impact of a cyber security incident.
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