CFOtech New Zealand - Technology news for CFOs & financial decision-makers

Outsourcing stories

The concept of the Division of Labour introduced by economics philosopher Adam Smith underpins the modern notion of outsourcing. This describes the allocation of specialist tasks to outside experts capable of doing the job better, while potentially reducing costs and allowing the contractor to focus on core business.

IT services are often outsourced to Managed Services Providers, but anything from data entry to server management can be outsourced to the wide range of specialists available today.
Meta smart glasses reflecting surveillance grid data leak risk

Sama credential leaks raise fears over Meta glasses data

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Leaked Sama staff logins tied to stealer malware spark fresh alarm over security of Meta Ray-Ban smart glasses video review pipeline.
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CIOs warn AI adoption is outpacing governance skills

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CIOs say AI adoption is racing ahead of governance, with skills gaps, risk fears and sustainability concerns stalling efforts to scale.
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Vistra & G-P launch unified path for global hiring

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Vistra and G-P unveil a single-contract route to shift firms smoothly from EOR hiring to fully fledged entities in overseas markets.
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How remote ownership is reshaping property investing

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risk & compliance
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As remote work becomes routine, property investors are shifting from local hands-on control to tech-enabled remote ownership and scale.
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Sharp New Zealand buys Securecom to boost IT services

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firewalls
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Sharp New Zealand buys managed IT specialist Securecom, signalling a pivot from print hardware to broader cyber security and cloud services.
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AI scales in APAC finance as tokenisation gains pace

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digital transformation
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fintech
APAC finance firms race to scale AI from pilots to production as tokenisation and blockchain investments signal deeper market overhaul ahead.
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AI ambitions collide with legacy integration problems

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AI is racing into business plans, but NashTech research finds brittle legacy systems and poor integration are quietly throttling progress.
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Targa Telematics shifts core systems to Equinix hubs

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Targa Telematics moves core systems to Equinix data centres in Milan and Frankfurt to bolster data sovereignty, resilience and growth.
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WatchGuard marks 30 years backing MSP-led security

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WatchGuard marks 30 years in cybersecurity, touting MSP-first strategy, 25,000 partners and a unified, automated security platform.
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MindBridge & Genpact partner on AI audit analytics

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data analytics
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partner programmes
MindBridge and Genpact forge global alliance to embed AI-driven audit analytics into enterprise risk consulting and financial assurance work.
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Virtual IT Group names Maurice McCarthy as chief executive

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Virtual IT Group appoints Maurice McCarthy as chief executive to drive ANZ expansion and embed AI across its managed IT and security services.
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Arctic Wolf unveils Aurora managed endpoint tools for MSPs

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ransomware
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endpoint protection
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partner programmes
Arctic Wolf launches Aurora managed endpoint defence, rapid-response SLA and MSP admin portal to help partners scale security operations.
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Southern hospital IT outage caused by third-party hardware failure, Health NZ says

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Health NZ says a third-party hardware failure caused a 36-hour South Island hospital IT outage that forced staff back to pen and paper.
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Persistent named fastest-growing global IT services brand

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Persistent named world's fastest-growing IT services brand as value jumps 22% to USD $989 million in Brand Finance 2026 ranking.
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CyberArk crowns PwC 2025 Global Partner of the Year

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CyberArk names PwC its 2025 Global Partner of the Year as partner-led deals surge and certification-driven identity security gains pace.
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Cybage names Badhrinath Krishnamoorthy Global President

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Cybage appoints industry veteran Badhrinath Krishnamoorthy as Global President to spearhead international growth and sharpen execution.
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Nebula & Meter partner to scale global network services

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firewalls
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network infrastructure
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devops
Nebula and Meter team up to speed global rollouts of subscription-based enterprise networks via resellers, promising faster, consistent support.
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Cybersecurity as a Service market to hit USD $83.96bn

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Cybersecurity as a Service market forecast to soar from USD $17.60bn in 2024 to USD $83.96bn by 2034, driven by threats and skills gaps.
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C-suite leaders deploy AI, but struggle to scale it

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AI is deployed everywhere but embedded deeply in fewer than half of firms, as leaders warn integration and skills gaps risk a two-year setback.
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Aspire Systems buys Assurity in AI testing expansion

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Aspire Systems acquires New Zealand-founded Assurity, creating a 900-strong quality engineering group to boost AI-driven software testing.