For years, multi-factor authentication felt like the ultimate security solution. Add that extra layer of protection, and your business accounts would be safe from cybercriminals. It was reassuring advice that most New Zealand businesses took to heart, implementing MFA across their Microsoft 365, banking, and critical business systems. But what happens when that seemingly bulletproof security measure isn't quite as bulletproof as we thought?

In recent years, email has become an essential part of our daily lives. Many people use it for various purposes, including business transactions. Along with the increasing dependence on digital technology, cybercrime has also grown exponentially. A significant cyber threat facing businesses today is Business Email Compromise (BEC).

As cyber threats continue to increase around the world, New Zealand businesses need to take proactive steps to protect their customers, staff and data from cybercriminals. Threats to data security are persistent and come from many different places.

To outsource your IT or to run it internally, that is the question. And as data becomes omnipresent and technology continues to develop, it’s one that more and more Chief Information Officers are asking themselves.