New Zealand stock trading halted for 3rd day


Double jeopardy: A health worker conducts a test at a Covid-19 coronavirus testing centre in Auckland. The country’s stock exchange is battling to restore services after cyber attacks while still fighting the pandemic. — AFP

WELLINGTON: New Zealand’s stock exchange is battling to restore services after cyber attacks shuttered the market for a third straight day, frustrating investors who were unable to trade amid a busy company earnings season.

The NZ$204bil (US$135bil) market, which is nearing a record high, was unable to reopen yesterday after the exchange’s website was again hit with a distributed-denial-of-service attack that floods a network with Internet traffic and disrupts services. Officials have declined to speculate on the source of the attack, other than saying it’s coming from offshore.

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NZ , stock exchange , cyber attacks

   

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