Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Trading activity in New Zealand's stock exchange was halted for a second consecutive day as "mafia style" hackers targeted the country's stock market with a cyber attack, authorities confirmed.
The stock exchange said in a statement that it faced a "volumetric distributed denial of service" attack from offshore via its network service provider. Speaking to Radio New Zealand, Auckland University of Technology Professor Dave Parry said that the attack was likely carried out by a "mafia type" gang of hackers.
"The systems impacted included NZX websites and the Markets Announcement Platform. As such, NZX decided to halt trading in its cash markets at approximately 15.57," the exchange said of the Tuesday attack. On Wednesday, hackers struck again, with the exchange going down at just after 11 a.m. local time. It remained offline until around 3 p.m, the exchange said. The attack has been dealt with and connectivity has been restored, the exchange added.
"This morning NZX experienced a further disruption similar to yesterday's related to a DDoS attack." the exchange said.
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