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Cyber Security Market Research Report

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THE CYBER SECURITY LANDSCAPE IN 2020

WE ASKED MORE THAN 360 IT DECISION MAKERS FROM BUSINESSES ACROSS NEW ZEALAND TO PROVIDE SOME INSIGHT INTO CYBER SECURITY WITHIN THEIR BUSINESS. HERE’S WHAT THEY TOLD US…

More than half of businesses have been successfully targeted by a ransomware attack in the past year, with one in five businesses saying the attack caused serious disruption to operations.

Two thirds of businesses admit they would pay a ransom to retrieve data after a ransomware attack. One in ten businesses would be willing to pay $50,000 or more.

Half of IT decision makers don’t know about the impending changes to the Privacy Act, despite it coming into law December 1 this year.

A third of businesses saw an increase in cyber-attacks during the Alert Level 4 lockdown. Two in five businesses say they have been targeted by a Covid-19 themed phishing attack.

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