Read more: Cyber insurance leaves much to be desired after tumultuous 2020
“Only 6% of Kiwi businesses have adequate protection,” Brown told media outlet Make Lemonade NZ. “On average, companies take about 197 days to identify and 69 days to contain a violation, according to IBM. [And] New Zealand has a high concentration of smartphone adoption, which could make businesses and organizations more vulnerable. “
And according to Brown, the global COVID-19 pandemic has offered cybercriminals even more fertile ground to execute their scams.
“We need to strengthen protection against attacks, bearing in mind that over 90% of New Zealand businesses are small businesses,” Brown said. “New Zealand is not immune to major cyber attacks that could affect the economy and livelihoods as a nation. We need to understand the nature of cyber threats and the main issues facing government and the private sector. “
A recent survey of small businesses by the Government’s Computer Emergency Response Team (CERT NZ) found that only 38% of respondents believe their business is adequately investing in cybersecurity, and only 34 % think their business has thought and planned a lot. cybersecure.
And alarmingly, just under half of those surveyed have processes in place to prevent a cyberattack.
Jonathon Berry, consulting partner at cybersecurity company InPhySec, said there are several basic steps small businesses can take to protect their digital information.
“Cyber security isn’t necessarily an expensive proposition,” Berry told Make Lemonade. “Outsourcing to a managed security service offers a high level of protection at a reasonable cost. Prevention is certainly much more cost effective and much less stressful than having to respond to a violation or compromise.