Security News > 2020 > August > DDoS downs New Zealand stock exchange for third consecutive day

New Zealand's stock exchange has closed for a third day thanks to a distributed denial-of-service attack.

The exact nature of the incident is not known: an NZX spokesperson told The Register that "Network connectivity issues relating to DDoS cybersecurity attacks" were behind the decision to close the market after around 70 minutes of Thursday today.

The Exchange has shut down trading because if the website is down it prevents market-moving company information reaching investors.

New Zealand telecommunications concern Spark, which provides network services to the NZX, said that late on Tuesday it had identified and mitigated a DDoS and restored service.

The Exchange also hosts the Fonterra Shareholders Market, an exchange for farmers shares in giant dairy co-op Fonterra, which is responsible for around a third of global dairy exports.

News URL

https://go.theregister.com/feed/www.theregister.com/2020/08/27/nzx_ddos_third_day/