Trading halted again, one day after overseas DDoS bombardment that forced stock market to shut downNew Zealand stock exchange hit by cyber attack for second dayNew Zealand’s stock market has been interrupted by an apparent overseas cyber attack for the second day running. The Wellington-based NZX exchange went offline at 11.24am on Wednesday and although some connectivity was restored for investors, some trading was halted. The interruption followed a shutdown and trading halt on Tuesday afternoon due to an overseas-based distributed denial of service (DDoS) attack. In a statement earlier on Wednesday, the NZX blamed Tuesday’s attack on overseas hackers, saying that it had “experienced a volumetric DDoS attack from offshore via its network service provider, which impacted NZX network connectivity”. A DDoS attack aims to overload traffic to internet sites by infecting large numbers of computers with malware that bombards the targeted site with requests for access.

Source: The Guardian August 26, 2020 02:49 UTC