RBNZ completes recommended steps following 2020 cyber attack

WELLINGTON – New Zealand’s Privateness Fee mentioned on Thursday the nation’s central financial institution had made all of the adjustments beneficial after it was hit by a cyber assault in December 2020.

In Dec. 25 2020, the Reserve Financial institution of New Zealand was the sufferer of a cyber-attack on the third-party file sharing utility it used to share and retailer info.

The Workplace of the Privateness Commissioner, a authorities organisation tasked with bettering how private info is handled, issued a discover to the RBNZ for not assembly its obligations underneath the privateness act.

“The RBNZ has made each change beneficial and extra, and we're closing this compliance discover assured that each one recognized areas of concern have been addressed,” mentioned Privateness Commissioner Michael Webster.

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