Security News
A recent data breach at the Reserve Bank of New Zealand, known as Te Pūtea Matua, was caused by attackers exploiting a critical vulnerability patched the same day. In a new advisory released yesterday, the Bank states that the attackers breached their Accellion FTA file sharing service.
The Reserve Bank of New Zealand, known as Te Pūtea Matua, has suffered a data breach after threat actors hacked a third-party hosting partner. The Reserve Bank is the central bank of New Zealand and is responsible for creating monetary policy to stabilize prices in the country.
New Zealand's central bank said Sunday it was responding with urgency to a "Malicious" breach of one of its data systems, a third-party file sharing service that stored "Sensitive information". Reserve Bank of New Zealand governor Adrian Orr said the breach had been contained and the system was taken offline but it would take time to determine what information had been accessed.
More than 1,500 fraudulent votes were cast in the early hours of Monday in the country's annual bird election, briefly pushing the Little-Spotted Kiwi to the top of the leaderboard, organizers and environmental organization Forest & Bird announced Tuesday. Those votes - which were discovered by the election's official scrutineers - have since been removed.
Cybersecurity agencies across Asia and Europe have issued multiple security alerts regarding the resurgence of email-based Emotet malware attacks targeting businesses in France, Japan, and New Zealand. "The emails contain malicious attachments or links that the receiver is encouraged to download," New Zealand's Computer Emergency Response Team said.
Rew Little said in an interview with The Associated Press on Wednesday that tracking down the perpetrators of the attacks in recent weeks would be extremely difficult, as the distributed denial of service attacks are being routed through thousands of computers. One line of investigation is the emails sent to people in some of the targeted organizations demanding a ransom in exchange for stopping the attacks, Little said.
Cyber attacks forced New Zealand's stock exchange to halt trading Thursday for the third time in as many days, its operator said Thursday, just as the country's corporate reporting season gets underway. 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".
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 underlying reason when you think about it is when you make a system more and more efficient you constrain it's ability to react to change. In essence "Slack in the system" sustains you over the "Change period", take out the slack and when change happens you fail.
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