Latest news with #TikTokKiwiSaver

1News
a day ago
- Business
- 1News
Kiwi businesses reporting large losses to online scammers
People are losing more money to fraud and online scams, with recent months bringing the second highest total loss figure on record. There has been a 14.7% quarterly increase in financial loss reported by New Zealanders, according to the National Cyber Security Centre's Cyber Security Insights report for the year's first quarter. From January 1 to March 31, a total of 1369 incidents were reported. Of those, 77 were triaged for specialist support because they were of "potential national significance". It equalled a financial losses of $7.8 million, up from $6.8 million in the previous quarter. ADVERTISEMENT The largest ever was $8.9 million, recorded in the third quarter of 2022. Mike Jagusch from the National Cyber Security Centre explains who's being targeted and how it's happening. (Source: Breakfast) Response and investigations team lead Tom Roberts said many of those losses came from scam and fraud. "Particularly through business email compromise — where an attacker targets the email systems of a business to obtain money or information — and unauthorised money transfers," Roberts said. "The true scale of losses is likely to be much greater, since we know only a small proportion of losses are reported to us. We urge people to be cautious online because bad actors are always waiting for an opportunity to steal money or information." Director of mission enablement Mike Jagusch said the difference this quarter was that it was mostly businesses reporting losses, rather than individuals. The report showed more than half of the losses reported to the NCSC were to businesses, with criminals often targeting law firms or real estate agencies which handled large transactions. ADVERTISEMENT The morning's headlines in 90 seconds including Air India crash, ferry still out of action, and ignoring TikTok KiwiSaver hacks. (Source: 1News) "A business email compromise is an attack where a bad actor looks to gain access to an organisation's email system, and then they use that email access to trick staff, or clients, or another organisation, into paying them money." That could take the form of a fake invoice, sent from the organisation's own email account, listing the attacker's email address as the destination for payment. Jagusch said organisations should make sure staff were using long, strong, unique passwords and that they have multi-factor authentication turned on, to make it harder to break into their email systems. According to the report, there were 10 recorded incidents in which more than $100,000 was lost. With 486 total reports, "scams and fraud" was again the most reported incident category. The second-highest was "phishing and credential harvesting" with 440.

1News
a day ago
- Business
- 1News
PM to visit China and Europe, will meet Xi Jinping
Prime Minister Christopher Luxon will travel to the country's largest trading partner next week, before moving on to Europe. He will be joined by a delegation of senior New Zealand business leaders in China's Shanghai and Beijing from June 17 to June 20. He will meet senior officials including President Xi Jinping. The visit would focus on growing trade, which was worth over $38 billion last year, as well as also look to strengthen education and tourism links and to maximise opportunities for New Zealand businesses. Luxon said China was a "vital part of our economic story" as New Zealand's largest trading partner, source of international students and third-largest tourism market. "New Zealand is a trusted supplier of safe, high-quality food and beverage products to Chinese consumers. It is an important market, and I look forward to doing what I can to support Kiwi businesses to thrive. ADVERTISEMENT "This visit is about backing the recovery of international education and tourism and putting New Zealand front and centre as a world-class destination for travel, study, and long-term connection." The Prime Minister will meet China's top leadership, including President Xi Jinping and Premier Li Qiang, to discuss the comprehensive bilateral relationship and key regional and global issues. Their face-to-face meeting has been hailed a success by the PM as it concentrated on trade issues. (Source: 1News) "The challenging global outlook makes it vital that we are sharing perspectives and engaging China on issues that matter to New Zealand." The Prime Minister would be accompanied by the 2025 Te Matatini champions, Te Kapa Haka o Ngatī Whakaue. Europe Luxon will then travel on to Europe to undertake bilateral visits in Brussels and the Hague from June 21 to 25. ADVERTISEMENT He would be meeting meet with leaders, including from the European Union, to discuss trade, security, and the shifting geopolitical landscape. The morning's headlines in 90 seconds including Air India crash, ferry still out of action, and ignoring TikTok KiwiSaver hacks. (Source: 1News) 'We have a high-quality trade relationship with the European Union, and the Netherlands and Belgium are gateways for New Zealand's growing exports to Europe," he said. "Since the early entry into force of the New Zealand-European Union Free Trade Agreement, Kiwi goods exports have grown by over 25%, which is a more than $1 billion increase." In the Netherlands, the Prime Minister would participate in the NATO Summit and hold one-on-one talks with a number of NATO leaders. 'Prosperity is only possible with security, and our discussions will focus on connections between the Euro-Atlantic and Indo-Pacific security environments,' Luxon said.

1News
a day ago
- Business
- 1News
'It reverberates': Air NZ boss on Air India tragedy
More than 240 people have been killed when an Air India plane bound for London crashed moments after taking off from the city of Ahmedabad in India on Thursday (India time), authorities said. It's the world's worst aviation disaster in a decade and the first loss of life in a Boeing 787 Dreamliner. The police say the sole survivor managed to jump out an emergency exit. Air NZ chief executive Greg Foran told Morning Report he had been in touch with Air India's Kiwi chief executive Campbell Wilson and offered his company's support. He had also contacted Singapore Airlines which has a shareholding in Air India. ADVERTISEMENT The morning's headlines in 90 seconds including Air India crash, ferry still out of action, and ignoring TikTok KiwiSaver hacks. (Source: 1News) He expressed his condolences to colleagues in India dealing with the tragedy. "It reverberates, we're all impacted, it's passengers, it's all the staff who were involved. We've been working on it in the evening and offering whatever support we can." 'Not making enough lift' - watch interview with aviation expert on TVNZ+ Foran, who has just returned from several days in New Delhi, said he was up-to-date with what was happening in how the aviation industry was being developed in India. Both its major airlines, Air India and Indigo, had major expansion plans with a lot of airports being built and planes on order. "It's a burgeoning industry and it's really well run." ADVERTISEMENT The plane that crashed was a Dreamliner-8 while Air New Zealand had the slightly bigger Dreamliner-9. Air New Zealand got its first order of Dreamliners in 2014, more in 2017 and was awaiting delivery of another eight. "We've had a great run with that particular aircraft." The current ones had Trent Rolls-Royce engines while the new ones would have General Electric Gen-X engines, similar to that on the Air India plane. It was too early to speculate on whether it was an engine issue that caused the crash, Foran said. A massive "ecosystem" would be responding to what has happened in order to try and find out what has gone wrong with various regulators and companies involved. "Until people get a bit further into the investigation you don't want to speculate but I am very comfortable that the quality of what we are flying today and will fly tomorrow is at the standard required." ADVERTISEMENT However, if the regulators came back with new directives they would be incorporated into its operation. "Air New Zealand remains a very very safe airline," Foran said. Meanwhile, the New Zealand High Commission in New Delhi said it was responding to the event and was in touch with local authorities. It said it had no reason at this time to believe that any New Zealanders were on the flight.

1News
2 days ago
- Health
- 1News
Twenty-five patients incorrectly told they had an STI
Health New Zealand has apologised after 25 Auckland City Hospital patients were incorrectly told that they had a sexually transmitted infection (STI). Group director of operations, Te Toka Tumai Michael Shepherd said clinical questioning of a result led the organisation to investigate, and the false positive result was identified on June 4. "Our initial investigation showed that the false positive result was restricted to a single test type and suggested potential contamination in the processing workflow. We identified that four test batches ran between May 23 and June 4 were affected. "We are undertaking further investigation to identify the root cause, and we have moved the test to different equipment until our investigation is complete." The morning's headlines in 90 seconds including Air India crash, ferry still out of action, and ignoring TikTok KiwiSaver hacks. (Source: 1News) ADVERTISEMENT Shepherd acknowledged "the distress this incident has caused some patients". "We have been contacting them and apologising for this," he said. "We began contacting all affected patients by phone from June 4 and, to date, we have been able to contact directly all but six patients. We continue to try and contact the remaining patients. No patients were incorrectly advised that they did not have an STI, when they did.

1News
2 days ago
- General
- 1News
Lone passenger survives Air India crash: 'I don't know how I'm alive'
The lone passenger to survive the Air India crash that killed at least 240 people Thursday found himself near debris after being thrown out of the plane and walked to a nearby ambulance for aid, a medic said. A doctor at Ahmedabad's Civil Hospital identified the man as Vishwashkumar Ramesh, and Indian Home Minister Amit Shah said he met the survivor. "He was disoriented with multiple injuries all over his body," Dr. Dhaval Gameti, who treated Ramesh, told The Associated Press. "But he seems to be out of danger." The morning's headlines in 90 seconds including Air India crash, ferry still out of action, and ignoring TikTok KiwiSaver hacks. (Source: 1News) Another medic said Ramesh told him that immediately after the plane took off, it began descending and suddenly split in two, throwing him out before a loud explosion. ADVERTISEMENT Video broadcast by Indian news channels appeared to show a bloodied Ramesh walking away from the crash site and people running behind him. Ramesh, who had his boarding pass with him in the hospital, told local newspaper Hindustan Times that he saw bodies and parts of the plane strewn around the crash site. "When I got up, there were bodies all around me. I was scared. I stood up and ran," he told the newspaper. An infographic showing the Air India crash in Ahmedabad (Source: Getty) Ramesh was travelling to London with his brother and called relatives in Leicester after the crash, his cousin, Ajay Valgi, told the BBC. The BBC's Yogita Limaye reports from the scene of the Air India tragedy in Ahmedabad. (Source: Breakfast) ADVERTISEMENT "He only said that he's fine, nothing else," Valgi said, adding that the family is "happy that he's OK, but we're still upset about the other brother". Nayan Kumar Ramesh told Sky News that his brother called his father moments after the crash to say he had survived. "He video called my dad as he crashed and said, 'Oh the plane's crashed. I don't know where my brother is. I don't see any other passengers. I don't know how I'm alive, how I exited the plane'," he told Sky.