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RBNZ completes advisable steps following 2020 cyber assault

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WELLINGTON (Reuters) – New Zealand’s privateness fee mentioned on Thursday that the nation’s central financial institution had made all of the adjustments it advisable after it was hit by a cyber assault in December 2020.

On 25 December 2020, the Reserve Financial institution of New Zealand was the sufferer of a cyber-attack on a third-party file sharing software used to share and retailer data.

The Workplace of the Privateness Commissioner, a authorities physique tasked with enhancing how private data is handled, issued a discover to the RBNZ for not assembly its obligations below the Privateness Act.

“The RBNZ has made each change it advisable and extra, and we’re closing this compliance discover with confidence that every one recognized areas of concern have been addressed,” Privateness Commissioner Michael Webster mentioned. Privateness Commissioner Michael Webster mentioned.

(Reporting by Lucy Kramer; Enhancing by Mr. Navaratnam)

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