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cyber risk

Reserve Bank's bank stress testing, modelling stagflation scenario, features high interest rates for first time since 2014 & includes cyber-attack for first time
1st Nov 22, 2:02pm
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Reserve Bank's bank stress testing, modelling stagflation scenario, features high interest rates for first time since 2014 & includes cyber-attack for first time
Credit rating agency Moody's advocates for standardised cybersecurity reporting across jurisdictions & more consistent definitions of what is a cybersecurity incident
15th Nov 21, 8:45am
Credit rating agency Moody's advocates for standardised cybersecurity reporting across jurisdictions & more consistent definitions of what is a cybersecurity incident
KPMG report on summer cyber attack on the RBNZ highlights greater use of the hacked system than had been intended, placing more information than necessary at risk
31st May 21, 2:39pm
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KPMG report on summer cyber attack on the RBNZ highlights greater use of the hacked system than had been intended, placing more information than necessary at risk
Credit rating agency S&P Global Ratings highlights the risk to banks' credit ratings from cyber attacks
26th May 21, 10:59am
Credit rating agency S&P Global Ratings highlights the risk to banks' credit ratings from cyber attacks
New guidelines issued by the RBNZ aimed at providing 'over-arching framework' for the governance and management of cyber risk among the financial sector
29th Apr 21, 8:13am
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New guidelines issued by the RBNZ aimed at providing 'over-arching framework' for the governance and management of cyber risk among the financial sector
The Reserve Banks says it is working directly with stakeholders to determine how many people have been impacted by the December data breach 'and will ensure they are well supported'
15th Feb 21, 4:19pm
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The Reserve Banks says it is working directly with stakeholders to determine how many people have been impacted by the December data breach 'and will ensure they are well supported'
Cyber attack prompts RBNZ to delay collecting and publishing bank data, key to policymakers addressing the housing crisis and ensuring the financial system is stable
22nd Jan 21, 7:01pm
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Cyber attack prompts RBNZ to delay collecting and publishing bank data, key to policymakers addressing the housing crisis and ensuring the financial system is stable
Attack on system banks use to share data with the Reserve Bank puts routine statistical releases on hold
18th Jan 21, 4:53pm
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Attack on system banks use to share data with the Reserve Bank puts routine statistical releases on hold
Reserve Bank outlines its plans for overseeing the cyber risk management of the financial services sector, touting principles-based guidance rather than prescriptive oversight
21st Oct 20, 11:28am
Reserve Bank outlines its plans for overseeing the cyber risk management of the financial services sector, touting principles-based guidance rather than prescriptive oversight
Reserve Bank's Geoff Bascand says the prudential regulator has seen 'instances and indicators of some vulnerability' in banks' payment systems
14th Oct 20, 9:48am
Reserve Bank's Geoff Bascand says the prudential regulator has seen 'instances and indicators of some vulnerability' in banks' payment systems
RBNZ's Toby Fiennes says bank Dashboard to be reviewed, with cyber and climate related risks to feature, and insurance and non-bank deposit taker dashboards remain on the agenda
4th Aug 20, 10:02am
RBNZ's Toby Fiennes says bank Dashboard to be reviewed, with cyber and climate related risks to feature, and insurance and non-bank deposit taker dashboards remain on the agenda
Reserve Bank Bulletin article fleshes out details of the prudential regulator's estimates of the potential cost of cyber attacks on banks and insurers which are put at $142 mln annually, or 2% to 3% of their annual profits
26th Feb 20, 9:46am
Reserve Bank Bulletin article fleshes out details of the prudential regulator's estimates of the potential cost of cyber attacks on banks and insurers which are put at $142 mln annually, or 2% to 3% of their annual profits
The RBNZ changes its tune, says it will consult on the development of risk management guidance for cyber-risk having previously decided on a hands-off approach to the oversight of cyber-security
28th Nov 19, 7:38am
The RBNZ changes its tune, says it will consult on the development of risk management guidance for cyber-risk having previously decided on a hands-off approach to the oversight of cyber-security