New Zealand Central Bank Says Its Data System Was Breached
The Reserve Bank of New Zealand said on Sunday that it was responding with urgency to a breach of one of its data systems, as reported by Reuters.
A third-party file-sharing service used by the central bank to share and store some sensitive information was illegally accessed, the bank said in a statement.
RBNZ Governor Adrian Orr said the breach had been contained but added it would take time to understand the full implications of this breach.
“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,” Orr said in a statement
In February of last year, the bank said in a report that the expected cost of cyber incidents for the banking and insurance industry was between NZD80 million ($58 million) and NZD140 million per year