Orange’s enterprise arm is to collaborate with the New Zealand government on cyber security.

Orange Cyberdefense, a division of Orange Business Services, will share threat and vulnerability data with the government’s CERT NZ unit, which helps companies and individuals affected by cyber security incidents.

Created in April last year, CERT NZ received over 750 cyber security incident reports that led to NZ$2 million of financial losses in its first six months of operation.

The collaboration will see CERT NZ aggregate and analyse data from Orange with other unspecified feeds.

In return, CERT NZ will advise Orange of threats and vulnerabilities that they encounter in the cyber security landscape so the telco can integrate these into its threat intelligence feeds and analysis tools.

Orange Cyberdefense saw revenues jump 15 percent last year.

It cited data from the World Economic Forum’s Global Risks Report 2018, which forecast that the cost of cybercrime to businesses over the next five years is expected to be $8 trillion.

Kevin Griffen, Managing Director, Australasia, Orange Business Services said: “A key priority of Orange has always been to help businesses manage cyber risks proactively.

“This is especially so in today’s ever-evolving threat landscape.

“Leveraging our expertise at Orange Cyberdefense, our work with CERT NZ underscores our commitment to build a trusted and resilient cyber environment for both consumers and businesses.”

Read more: BT calls on rivals to share malware threats with online platform launch

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