New Zealand central bank says data system has been hacked and sensitive information could be accessed

WELLINGTON, New Zealand – The New Zealand central bank said on Sunday that one of its data systems was hacked by an unidentified hacker who potentially gained access to commercially and personally sensitive information.

A third-party file-sharing service used by the Reserve Bank of New Zealand to share and store sensitive information has been illegally accessed, the Wellington-based bank said in a statement.

Governor Adrian Orr said the breach has been contained. The basic functions of the bank “remain sound and operational,” he said.

“We are working closely with national and international cybersecurity experts and other relevant authorities as part of our investigation and response to this malicious attack,” Orr said.

“The nature and extent of the information potentially accessed is still being determined, but it may include commercially and personally sensitive information,” Orr added.

The system had been secured and taken offline until the bank completed its initial investigations.

“It will take time to understand the full implications of this breach and we are working with the users of the system whose information may have been accessed,” Orr said.

The bank declined to respond to questions emailed for further details.

It is not known when the violation took place or if there were any indications of who was responsible, and in which country the file sharing service is based.

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Several large New Zealand organizations have been the target of cyber interference over the past year, including the New Zealand Stock Exchange, whose servers were shut down for nearly a week in August.

Dave Parry, professor of computer science at the University of Auckland, told Radio New Zealand that another government was likely behind the bank data breach.

“Ultimately, if you came from some sort of criminal perspective, government agencies won’t pay your ransom or anything, so you’d be more interested in probably coming from a government-to-government level. “said Parry. .

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