Menu
​Govt claims cyber security belongs in the boardroom, not the IT department

​Govt claims cyber security belongs in the boardroom, not the IT department

“It’s important that companies create strong security cultures with actively engaged boards, because ultimately this isn’t an issue that directors can ignore."

The 2016 Global Economic Crime Survey from PwC underlines that the issue of cyber security belongs in the boardroom, not the IT Department, claims Communications Minister Amy Adams.

As reported by Computerworld New Zealand, the PwC survey found that 40 percent of New Zealand organisations have experienced cybercrime over the past two years, but only 45 percent of all organisations have a cyber incident response plan - the report places New Zealand 19th out of 115 countries.

“The Global Economic Crime Survey is a welcome and valuable report for New Zealand businesses looking to better understand the range of threats in today’s modern operating environment,” Adams says.

“The report is a sobering read and a call to action for chairs and chief executives to focus on managing the growing cyber security risk to their businesses.

“It’s important that companies create strong security cultures with actively engaged boards, because ultimately this isn’t an issue that directors can ignore.”

Adams says with 29 percent of companies reporting a cybercrime incident, it’s “vital” that New Zealand businesses understand what data they hold and create.

“Boardrooms around the country need to consider cyber vulnerabilities as a key business risk and address this as part of management processes,” Adams adds.

In December, Adams launched the refreshed New Zealand Cyber Security Strategy, highlighting the need for the corporate sector, including operators of critical national infrastructure, to have policies and procedures in place to mitigate cyber security threats.

“The Institute of Director’s Practice Guide for Directors is an excellent resource for Board members to ensure they have a good sense of their responsibilities and cyber security best practice,” Adams adds.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags governmentcyber securityPwCAmy Adams

Brand Post

How to become the best IT MSP

This article provides guidance for managed service providers (MSPs) that want to grow their business. It is also useful for any IT service provider looking to move from the break-fix model to managed IT services.

Featured

Slideshows

Reseller News Platinum Club celebrates leading partners in 2019

Reseller News Platinum Club celebrates leading partners in 2019

The leading players of the New Zealand channel came together to celebrate a year of achievement at the annual Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months.

Reseller News Platinum Club celebrates leading partners in 2019
Reseller News hosts alumnae breakfast for Women in ICT Awards

Reseller News hosts alumnae breakfast for Women in ICT Awards

Reseller News hosted its second annual alumnae breakfast for the Women in ICT Awards in New Zealand, designed to showcase the leading female leaders in the industry. Held at The Cordis in Auckland, attendees came together to hear inspiring keynotes and panel discussions, alongside high-level networking among peers. Photos by Gino Demeer.

Reseller News hosts alumnae breakfast for Women in ICT Awards
Reseller News Innovation Awards 2019: meet the winners

Reseller News Innovation Awards 2019: meet the winners

Reseller News honoured the standout players of the New Zealand channel in front of more than 480 technology leaders in Auckland on 23 October, recognising the achievements of top partners, emerging entrants and innovative start-ups.

Reseller News Innovation Awards 2019: meet the winners
Show Comments