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Glurp
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  Reply # 1620095 31-Aug-2016 09:50
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To return briefly to the matter of national defense, I have noticed a number of news items recently on the increasing cyber threat to New Zealand, with ransomware being the current subject de jour and attacks like this being linked to terrorism, both as a source of finance and a means of disruption. I can just see the national grid going down and the banks being emptied and people milling in confusion when the ATMs stop working while our borders are ringed by costly ships and tanks standing by uselessly. 

 

I am all for defense, but the way to survive in today's world is to be smarter than your opponent. Those who think bigger guns mean more security are living in the 19th century or have seen too many American action movies. Any attack is not going to come over the seas, but through our computers. Smart defense is investing in better schools, more education, and specialist resources. That is where the money wasted on the military should be going.

 

 

 

 





I reject your reality and substitute my own. - Adam Savage
 


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  Reply # 1620097 31-Aug-2016 09:55
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Rikkitic:

 

To return briefly to the matter of national defense, I have noticed a number of news items recently on the increasing cyber threat to New Zealand, with ransomware being the current subject de jour and attacks like this being linked to terrorism, both as a source of finance and a means of disruption. I can just see the national grid going down and the banks being emptied and people milling in confusion when the ATMs stop working while our borders are ringed by costly ships and tanks standing by uselessly. 

 

I am all for defense, but the way to survive in today's world is to be smarter than your opponent. Those who think bigger guns mean more security are living in the 19th century or have seen too many American action movies. Any attack is not going to come over the seas, but through our computers. Smart defense is investing in better schools, more education, and specialist resources. That is where the money wasted on the military should be going.

 

 

 

 

 

 

 

 

We are getting there. 

 

 

 

When I first arrived in NZ 12 years ago and was working in Wellington, Ministers were still having Red Box correspondence left unattended in their post boxes in their constituency homes when they were away from Wellington! You can't expect security to catch up too fast...!






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  Reply # 1620098 31-Aug-2016 09:56
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Rikkitic:

 

To return briefly to the matter of national defense, I have noticed a number of news items recently on the increasing cyber threat to New Zealand, with ransomware being the current subject de jour and attacks like this being linked to terrorism, both as a source of finance and a means of disruption. I can just see the national grid going down and the banks being emptied and people milling in confusion when the ATMs stop working while our borders are ringed by costly ships and tanks standing by uselessly. 

 

I am all for defense, but the way to survive in today's world is to be smarter than your opponent. Those who think bigger guns mean more security are living in the 19th century or have seen too many American action movies. Any attack is not going to come over the seas, but through our computers. Smart defense is investing in better schools, more education, and specialist resources. That is where the money wasted on the military should be going.

 

 

 

 

 

 

 

 

You cant invade a nation through fibre, when it comes to invasion who has the biggest and the most guns generally wins. The reality for NZ is Fiji could invade us and probably win.





Mike
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The views stated in my posts are my personal views and not that of any other organisation.

 

 Mac user, Windows curser, Chrome OS desired.

 

The great divide is the lies from both sides.

 

 


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  Reply # 1626439 9-Sep-2016 11:37
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Rikkitic:

 

To return briefly to the matter of national defense, I have noticed a number of news items recently on the increasing cyber threat to New Zealand, with ransomware being the current subject de jour and attacks like this being linked to terrorism, both as a source of finance and a means of disruption. I can just see the national grid going down and the banks being emptied and people milling in confusion when the ATMs stop working while our borders are ringed by costly ships and tanks standing by uselessly. 

 

I am all for defense, but the way to survive in today's world is to be smarter than your opponent. Those who think bigger guns mean more security are living in the 19th century or have seen too many American action movies. Any attack is not going to come over the seas, but through our computers. Smart defense is investing in better schools, more education, and specialist resources. That is where the money wasted on the military should be going.

 

 

 

I think that's an oversimplification.  You need both, which is why the government is maintaining a traditional defence force while also boosting funding for cyber.

 

Cyber defence isn't going to stop a basic, low tech invasion - whereas conventional forces act as a deterrent against this.  Of course, our mutual cooperation with larger allies acts as the true deterrent and this needs to be a two-way street


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  Reply # 1626444 9-Sep-2016 11:43
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Back to the original topic, it's worth noting that the Police have decided not to proceed further with the complaint that was lodged, based on "At this stage there is no evidence to indicate offending".

 

In my opinion this is the right response; there is a very wide difference between a fund manager buying previously-owned shares in large companies that manufacture contravening munitions as a small part of their business, and for instance direct investment in a start-up wanting to develop cluster munitions.  It would seem that the current law seeks to prevent the latter, not the current type of investments.

 

Of course, many might wish to totally avoid these companies and they are free to do so by selecting an appropriate investment.


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  Reply # 1626510 9-Sep-2016 12:43
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Equally, I'd like to know how much of my KiwiSaver is invested with tax thieves like Apple and Google. Can I avoid having my money put into them?

 

 


gzt

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  Reply # 1626533 9-Sep-2016 13:14
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The major fund concerned has already announced plans to create a default fund package in line with the expectations of their customers:

Westpac, ASB and Grosvenor have since dumped the fund or were in the process of doing so, while Kiwibank is still reviewing its investment.

Vanguard head of market strategy Robin Bowerman said the company was now in talks with its major clients in New Zealand about coming up with a better solution.

http://www.radionz.co.nz/news/national/312705/kiwisaver-manager-moves-on-weapons-investments

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