There is no clarity on who was behind these two “offshore” attacks, but the failure to stop them has raised questions about New Zealand’s security systems, experts said.
NZX Ltd had to halt trading until afternoon on Friday, after crashing earlier due to network connectivity issues, marking the fourth day that trading has been hit.
NZX was hit on Tuesday and Wednesday by distributed denial of service (DDoS) attacks, a common way to disrupt a server by overwhelming it with a flood of internet traffic.
The attacks forced NZX to halt trading in its cash markets, disrupting operations in its debt market, Fonterra Shareholders Market and derivatives market.
Tough news for the NZX!
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