NZX early halt to trading caused by offshore internet attack

NZX early halt to trading caused by offshore internet attack
Staff reporters
NZX was the victim of an offshore internet attack which closed down trading just before 4pm this afternoon.Internet provider Spark said in a statement NZX experienced a "volumetric DDoS (distributed denial of service) attack" from offshore, which impacted NZX system connectivity.As a result NZX decided to halt trading in its cash markets at approximately 3.57pm.A DDoS attack aims to disrupt service by saturating a network with significant volumes of internet traffic.Spark said the attack was able to be mitigated and connectivity has n...

More Markets

NZ sharemarket falls 1.5% as investors look for cash
Markets Market close

NZ sharemarket falls 1.5% as investors look for cash

The S&P/NZX 50 Index closed at 12,896.67, falling 196.51 points or 1.5%.

Auckland Council sells airport stake for at least $1.31b
Markets

Auckland Council sells airport stake for at least $1.31b

Auckland Council has successfully sold all of its shares in Auckland Airport.

Being AI consultancy sale hits legal snag
Markets

Being AI consultancy sale hits legal snag

Being AI bought consultancy from its CEO for $5m in March but wants to give it back.