News Summary:
Kordia's 2026 New Zealand Business Cyber Security Report, its 10th edition, published on March 9, 2026, revealed that 24% of surveyed New Zealand businesses consider improper staff AI usage a significant cybersecurity challenge. The report, which surveyed nearly 250 businesses, noted a rise in cyber-attacks exploiting AI vulnerabilities, more than doubling from 6% in 2024 to 14% in 2025. Previously, on March 1, 2026, Kordia announced its half-year results for the period ended December 31, 2025, reporting stable revenue of $71 million and an EBITDA of $9.5 million, a 3.9% increase. Net profit after tax rose 60.9% year-on-year to $1.1 million. Earlier, on January 13, 2026, Kordia launched Kordia Secure Edge, a new cloud-delivered Secure Access Service Edge (SASE) offering powered by Fortinet, designed to unify security and networking features for New Zealand businesses. This follows Kordia securing a contract in December 2025 to design and deliver a Distributed Antenna System (DAS) for the new One New Zealand Stadium at Te Kaha in Christchurch, slated to open in 2026, ensuring high-quality mobile connectivity.
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