Cyber Threats Rising in New Zealand
Why New Zealand Businesses are Vulnerable, & How to Fight Back.
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"We're too small to be targeted," - This is a common and dangerously mistaken belief among New Zealand businesses.
Recent statistics paint a troubling picture: New Zealand cyber incidents have surged dramatically, with a nearly 40% increase reported by CERT NZ in the past year alone. SMEs make up more than half of these targets, suffering losses averaging tens of thousands of dollars per incident. It's no longer if your business will face a cyberattack—it's when.
At InPlace, we regularly help businesses navigate the evolving landscape of cyber threats. Here, we'll break down why SMEs are vulnerable, share real-life local examples, and provide practical tips on fortifying your business against cybercrime.
Why Are Small & Medium-Sized Enterprises (SMEs) So Attractive to Cyber Criminals?
Less Protection, More Risk.
SMEs typically lack dedicated cybersecurity teams, advanced protection systems, or robust policies—making them easier targets.
Valuable Data, Less Vigilance.
SMEs hold sensitive data such as customer details, financial records, and supplier information—goldmines for attackers who exploit weaker security measures.
Adrian Yamunanathan
"Cyber attacks aren’t just something you read about anymore. Let’s get ahead of it together—with clarity, not panic."
Real-Life Cyber Incidents from NZ SMEs
Ransomware Nightmare in Wellington
A Wellington law firm fell victim to ransomware that locked critical files and demanded payment. Without robust backups or cyber insurance, the firm spent weeks and tens of thousands in IT recovery, not to mention the lasting damage to client relationships and reputation.
Phishing Attack Hits Auckland Startup
An Auckland marketing startup experienced a devastating phishing attack when an employee unwittingly shared login details. The breach compromised client data, resulting in lost contracts, fines, and significant damage control costs.
In reality, New Zealand businesses have become prime targets for cyber criminals precisely because they're often the least prepared.
5 Ways How You Can Strengthen Your Cyber Defences
Prioritise Cyber Awareness Training
Most breaches stem from human error. Regular, engaging training sessions can dramatically reduce vulnerability. Educate staff on phishing scams, secure password practices, and recognising suspicious activity.
Robust Password Management
Use password managers and two-factor authentication (2FA). Simple changes in password security protocols drastically lower risk.
Regularly Updated and Tested Backups
Ensure regular, automatic backups are in place and tested often. Backups stored off-site or in the cloud offer invaluable recovery options if systems are compromised.
Install Reliable Endpoint Security
Endpoint protection solutions detect and neutralise threats on devices like laptops and mobiles—often the primary entry points for attackers.
Cyber Insurance: Essential, Not Optional
Cyber insurance covers response costs, IT recovery, legal fees, and even reputational management. Given the current landscape, this cover is as essential as traditional liability insurance.
Worried your business could be one click away from crisis?
You're not alone. Most SME cyber attacks happen not because people were careless—just unprepared.
Sit down with Adrian & our cyber defence expert for a free, no-pressure cyber risk review. Get insight into where you’re exposed, what your current cover actually protects, and what steps you can take to sleep better at night.