Tuesday, January 26, 19:19
Home security The New Zealand Stock Exchange is the victim of a DDoS attack

The New Zealand Stock Exchange is the victim of a DDoS attack

The New Zealand Stock Exchange (NZX) has closed due to a DDoS attack for the second day in a row.

The Wellington-based NZX Stock Exchange "fell" at 11.24 a.m. on Wednesday and although the connectivity for investors was restored for a while, some trades stopped completely.

DDoS stock market

NZX said it had encountered "network connectivity issues" and that the NZX Main Board, NZX Debt Market (NZDX) and Fonterra Shareholders were suspended.

However, it then announced that they would continue trading with the rest of the market on Wednesday at 15:00.

The shutdown was followed by a shutdown and trading stopped on Tuesday afternoon due to a DDoS attack.

The incident takes place after a series of alleged attacks on cyberspace from foreign actors, such as targeting a number of governmental and private organizations in Australia.

In a statement earlier Wednesday, NZX claimed responsibility for Tuesday's attack on hackers from abroad, saying that “he had experienced a volumetric DDoS attack from a offshore through the service provider network which affected the connectivity of its network ".

He said the attack affected NZX websites and the announcement platform, forcing it to stop trading at 3,57pm.

He said the attack had "softened" and that market operations would work normally on Wednesday, but that this attack raised many questions about safety.

A DDoS attack aims to overload internet site traffic by infecting large numbers of computers with malware bombarding the targeted site with access requests.

Professor Dave Parry, of the Department of Computer Science at Auckland University of Technology, said it was a "very serious attack". He also pointed out issues security which were probably caused by so many people working from home. "Unfortunately, the inconvenience caused by COVID has increased the number of people working from home, which automatically means that these attacks are easier than usual to carry out since the security levels in computers that we have at home is low ".

LEAVE ANSWER

Please enter your comment!
Please enter your name here

Teo Ehc
Teo Ehchttps://www.secnews.gr
Be the limited edition.

LIVE NEWS

00:02:33

Melanoma: Vaccine protects for 4 years from skin recurrence!

Melanoma is the most dangerous form of skin cancer affecting a large percentage of people worldwide. Now, scientists in the US are taking a breath ...

Facebook: Phone numbers of its users are sold through Telegram bot

Motherboard has revealed that someone has gained access to a database that contains phone numbers of Facebook users and is now selling these ...

How to force Outlook to spell check emails

If spelling is not your "trump card", business emails really do bother you. Nobody wants to send misspelled emails, for ...

Golang: Google fixes a serious Windows RCE vulnerability

This month Google engineers fixed a serious Remote Code Execution (RCE) vulnerability in Go (Golang).

Electricity generation in Europe: RES surpassed fossil fuels

Europe is slowly reducing its dependence on fossil fuels. A report published by Ember and Agora ...

TikTok: Fixed a vulnerability that would allow phone numbers to be stolen

TikTok started a bug bounty program after discovering various vulnerabilities in its application. This effort seems to have ...

MacOS Big Sur 11.2 RC 2 is now available as a public release

The second "release candidate" version of macOS Big Sur 11.2 is now available to developers and beta users. This comes after the ...

A rare species of cloudless exoplanet has been identified

Astronomers have found another strange exoplanet that could broaden our understanding of the universe. Gizmodo reports ...

COVID-19: Companies compete for the vaccination passport

Those vaccinated against Covid-19 at Dodger Stadium receive a CDC card with handwritten details of when they were given the ...

Tesla / Samsung Partnership: New chip for fully autonomous driving

Tesla has partnered with Samsung on a new 5nm chip that offers fully autonomous driving, according to a new report coming from ...