Cyberattacks like phishing scams are on the rise.
The company has pledged any damages received will go to cybersecurity organisations.
Companies could reduce the cost substantially by having a better strategy.
Government cybersecurity agency CERT NZ has easy to follow advice to create good passwords.
A third of survey respondents said they had downloaded unapproved software.
Nearly half of businesses say employee carelessness is a security concern.
Technology support scams are the biggest threat as people are spending more time on devices.
The FBI in conjunction with other countries took action against the hackers.
Forty percent of users use simple formulas for their passwords, despite the risk.