24 Jul 2025

Tech: Microsoft security flaw, record NZ losses from cyber

From Nine To Noon, 11:05 am on 24 July 2025
cybercrime, hacking and technology concept - male hacker in dark room writing code or using computer virus program for cyber attack

Photo: 123RF

Cybersecurity expert Tony Grasso joins Kathryn to talk about Microsoft's recent Zero Day security flaw - who was affected and how has the company responded? 

The latest report into the cost of cybercrime has found the second-highest quarterly financial losses ever, at a cost of $7.8m. But that's just what's been reported. 

Tony also looks at how South Africa's digital transformation is making it a target for sophisticated cyber criminals and why Latin American organisations are facing an average of 2,700 attacks a month - almost 40% higher than the global average.

Tony Grasso is Principal Consultant at cybersecurity firm TitaniumDefence. He worked at GCHQ in the UK and is a former Intelligence Officer in New Zealand.