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CERT quarterly report - ransomware down but beware fake invoices

Paul Brislen, Editor. 11 December 2017, 8:36 am

The latest quarterly report from government cyber-safety agency CERT NZ shows over $1.1 million was lost to scammers in 390 reported incidences.

More than half of those reports came from individual users, with 43% of incident reports relating to businesses and organisations from a number of sectors.

Nearly one third of reports to CERT during the quarter reported some form of loss.

Increased awareness of ransomware following two high profile attacks seems to be behind the drop in reports - down 50% - which can only be good news for the sector. However, the number of reports of fake invoices is on the rise which is always of concern and may require companies to remind accounting staff to check and double check the validity of invoices that are presented prior to paying.

CERT also published its list of top ten critical controls which the organisation believes will help reduce the incidence of loss. CERT director, Rob Pope, said the controls were based on the research and incidents seen to date, and other sources from the global CERT network and international data feeds.

"The most effective steps are simple and easy to do, but require a little effort.  International evidence shows that 85 percent of cyber security incidents can be prevented by simple measures, like updating your operating system."


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