close
MENU
General Business
3 mins to read

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

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Contact the Writer: maria@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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
General Business,
103249
true