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Cybercrime biggest and most immediate threat: Prime Minister

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John Key, New Zealand's Prime Minister, has said that cybercrime costs the country's economy millions of dollars every year, reported Newstalk ZB.

Such attacks are one of the largest and immediate threats to businesses in the country, said Mr. Key. He also said that a team called the Computer Emergency Response Team would be established to respond to any threat to businesses, and will be in place from early 2017.

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