Trading on New Zealand’s stock exchange was halted for several hours on Wednesday after what appeared to be a second offshore cyber attack in as many days, bourse operator NZX Ltd (NZX.NZ) said.
The cyber attack was similar to one late on Tuesday, the bourse said, where its network provider faced a distributed denial of service (DDoS) attack – a common way to disrupt a server by overwhelming the infrastructure with a flood of internet traffic until they can no longer cope with the scale of data requested.
(Reuters)
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