New Zealand stock exchange hacks: who is behind them and why now? Explainer - News Summed Up

New Zealand stock exchange hacks: who is behind them and why now? Explainer


So who is behind the attacks, and why has New Zealand suddenly piqued the interest of cybercriminals? “New Zealand is now in the spotlight because of the way we have dealt with Covid – even President Trump has mentioned us. The attacks are known as distributed denial of service (DDoS) attacks, which involve flooding a website with traffic with the aim of causing it to crash. “DDoS attack software is constantly evolving and attack vectors are becoming more and more complicated. Justice minister Andrew Little said it remained unclear where the attackers were based, or what there motives were, besides money.


Source: The Guardian September 01, 2020 01:52 UTC



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