Ann Sherry: Cyber hackers are better organised than we are

Ann Sherry: Cyber hackers are better organised than we are
Ann Sherry says directors need to be better educated about cyber risk. (Image: Mark Russell/IoD)
Ella Somers
The former chief executive of Westpac New Zealand says unless companies strengthen their cyber security, they will be picked off by hackers one by one.“Hackers are better organised than we are,” Ann Sherry told attendees in a speech at the Institute of Directors conference last Friday.Sherry was the CEO of the Bank of Melbourne – a subsidiary of Westpac – from 2000 to 2002 before being Westpac NZ’s CEO from 2002 to 2007.Among her current roles, she’s the chancellor of the Queensland University of Technology a...

More Finance

No longer 'boutique' Generate is executing, CEO says
Finance

No longer 'boutique' Generate is executing, CEO says

The fund manager is now the seventh-largest KiwiSaver provider.

Gregor Thompson 09 May 2025
ANZ half-year profit surges on non-cash gains
Finance

ANZ half-year profit surges on non-cash gains

Cash earnings were flat, and net interest margin rose slightly.

Pattrick Smellie 08 May 2025
BNZ preserves margins on flat half-year
Finance

BNZ preserves margins on flat half-year

BNZ outranks its Australian cousins for customer preference.

Pattrick Smellie 07 May 2025
Westpac's NZ net interest margin expands again
Finance

Westpac's NZ net interest margin expands again

Net interest margins rose in NZ, but shrank for the group as a whole.

Pattrick Smellie 05 May 2025