Reserve Bank data breach: Adrian Orr gains high-ground as Accellion dodges questions
10 Feb, 2021 04:28 AM
4 minutes to read
Reserve Bank Governor Adrian Orr. Photo / Mark Mitchell
The Reserve Bank has gained the high-ground against Accellion, after the bank s US technology partner refused to challenge RBNZ s version of events. Yesterday, RBNZ Governor Adrian Orr alleged Accellion had dragged its feet alerting the banks and other clients about a vulnerability with its FTA file-sharing service - which led to sensitive documents being stolen.
Read More We had no warning to avoid the attack which began in mid-December. Accellion failed to notify the Bank for five days that an attack was occurring against its customers around the world, and that a patch was available that would have prevented this breach, Orr said.
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Reserve Bank: Key cyber security projects delayed due to pandemic
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The Reserve Bank of New Zealand has told Parliament that the COVID-19 pandemic led to delays to key cyber security projects, but did not have a role in December s malicious hack.
In its annual review, the bank said it had approved one of its largest investment programmes, the digital services delivery programme, to uplift technology capability and improve resilience of existing IT platforms in June 2019.
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Software vendor failed to notify Reserve Bank of hack for five days, says governor
Reserve Bank it got no warning of mid-December hack or software patch
Adrian Orr (Reserve Bank of NZ) Credit: Supplied
The Reserve Bank of New Zealand says it received no warning for five days after an attack that targeted its file sharing system from US software vendor Accellion.
“We had no warning to avoid the attack which began in mid-December, bank governor Adrian Orr said today.