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Scam reports down, but cyber criminals still on the hunt

The types of scams it’s seeing indicate the problem isn’t getting any better, and the attacks are becoming more sophisticated, CERT NZ says.

Catch-all phishing scams will result in more targeted attacks in the future, CERT NZ says.

Maria Slade Wed, 20 Mar 2024
Key points
  • What’s at stake: CERT NZ’s latest quarterly report shows scam losses are down, but that’s unlikely to be the full picture.
  • Background: Reporting fatigue may be the reason the numbers are down, but the types of sophisticated scams it’s seeing indicate the problem isn’t getting any better, the agency says.
  • Key players: CERT NZ, Rob Pope, Financial Markets Authority, Immigration New Zealand.

Reporting fatigue may be the reason CERT NZ recorded fewer scams in the final quarter of 2023, not because the scammers are less active, the cyber security agency says.

New Zealanders lost $3.6 million to cybercrime in the last three months of last year, down 24% on the previous quarter, the

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Contact the Writer: maria@nbr.co.nz
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Key points
  • What’s at stake: CERT NZ’s latest quarterly report shows scam losses are down, but that’s unlikely to be the full picture.
  • Background: Reporting fatigue may be the reason the numbers are down, but the types of sophisticated scams it’s seeing indicate the problem isn’t getting any better, the agency says.
  • Key players: CERT NZ, Rob Pope, Financial Markets Authority, Immigration New Zealand.
Scam reports down, but cyber criminals still on the hunt
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