Home Computing Own-goals in the cloud are NZ’s major cybersecurity threat

Own-goals in the cloud are NZ’s major cybersecurity threat

Nearly 40 per cent of the Kiwi businesses subject to a cyber incident reported the cause as cloud misconfiguration or software vulnerabilities.

Distributed denial-of-service (DDoS) attacks were the second most common at 35 per cent, according to Kordia’s annual cyber security research, published yesterday.

“In 2023, cloud played the most significant role in cyber-attacks across the board, climbing 11 percentage points year on year in our survey,” said Alastair Miller, principal consultant at Aura Information Security, Kordia’s cyber security advisory and testing business.

“In saying this, DDoS attacks continue to feature prominently globally, there has been an increase in activity stemming from geo-political events, including cyber warfare in Ukraine and Israel / Palestine.”

With a very low barrier to use, DDoS has also been observed as a tactic used in conjunction with other methods, leveraged by threat actors to mask other attacks occurring concurrently.”

There are lingering perceptions that the cloud was more secure than more traditional on-premises systems. However, while the cloud certainly offered benefits, without the right security layers, businesses were just as exposed.

 

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