Reserve bank governor Adrian Orr told Parliament that while there were shortcomings in the bank's response to a major data breach, it had been let down by the vendor of its software.
The Reserve Bank of New Zealand has told Parliament that the COVID-19 pandemic led to delays to key cyber security projects, but did not have a role in malicious hack.
The Reserve Bank – Te Pūtea Matua – today released draft guidance on what regulated entities should consider when managing cyber resilience.
The Reserve Bank has launched a new payment settlement system, replacing New Zealand’s inter-bank settlement system and central securities depository.
The Reserve Bank expects its major system replacement projects will go live next February, nearly a year later than planned.
