Stay safe from cyber attacks
The increasing risk and complexity of cyber attacks means financial advisers need to be vigilant and implement robust security measures to keep their clients personal information safe. This important reminder comes from NZFSG following a recent phishing attack targeting mortgage advisers
The incident involved a targeted 'phishing' email from a supposed "first home buyer" who reached out to a mortgage adviser about purchasing a property. An email was exchanged, and the buyer advised they were overseas and unable to speak on the phone, but wished to send through documents for when they arrived back in the country. The attacker then proceeded to send a second email with a malicious link disguised as their financial documents in an attempt to harvest credentials and gain unauthorised access to information.
Following a cautionary communication to the NZFSG network, more advisers across the country came forward reporting the same phishing email. The incident was therefore escalated to Computer Emergency Response Team (CERT NZ) to investigate and report.
Security Consultant, Laura Bennett, who was recently appointed at NZSFG to bolster adviser awareness and safe cyber security practices, said “This is a timely reminder to ensure we are exercising caution when we receive emails that ask us to take immediate action, and entice us to click links, followed by the requirement of our credentials.”
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