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Cyber attack halts New Zealand stock market for third straight day | Malay Mail

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WELLINGTON, Aug 27 — Cyber attacks forced New Zealand’s stock exchange to halt trading today for the third time in as many days, its operator said today, just as the country’s corporate reporting season gets underway. The New Zealand Exchange (NZX) said the bourse was placed into a trading...

Thursday, 27 Aug 2020 03:48 PM MYT

The New Zealand Exchange said the bourse was placed into a trading halt at about 11.10am local time “as a result of network connectivity issues relating to DDoS cybersecurity attacks”. The exchange’s website also crashed as a result of the cyberattacks, which experts believe likely originated offshore.

“We continue to address the threat and work with cybersecurity experts, and we are doing everything we can to resume normal trading tomorrow.” The Financial Markets Authority, which regulates the bourse, said it remained in “close contact” with the NZX over the issue.

 

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