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This story was originally posted on RNZ.co.nz and is being republished with permission.
The New Zealand Stock Exchange (NZX) website is down and believed to be due to another cyber attack.
The type of attack is known as a distributed denial of service attack that overwhelms the online service and renders it inoperable.
The website has been unharmed for about two weeks, following a series of attacks that disrupted operations for long periods of time because investors were unable to see the company’s and market announcements.
READ MORE:
* The government spy agency ‘has no clues’ about the source of the cyber attacks on NZX
* Stock market website crashes but trading continues ‘without a problem’, says NZX
* ‘Hell to pay’ from KiwiSaver managers if NZX doesn’t overcome cyberattacks
* NZX resumes trading after the second cyber attack
A spokesperson for NZX says that since the initial attacks, which began near the end of August, provisions have been put in place that allow investors to view market announcements on another platform, so there is no need for them to cease trading.
This story was originally posted on RNZ.co.nz and is being republished with permission.
