NZX attack targeting busy earnings season

Fri, 28 Aug 2020

The repeated cyber-attacks hitting the NZX have been carefully timed to disrupt the busiest week of earnings season, the NZ Shareholders' Association says.Chief executive Michael Midgley said the timing of the attack had been carefully planned to disrupt earnings season when access to public announcements is more important than ever.The attacks are not targeted at the exchange’s trading systems but at its network connection, provided by Spark, which forces the NZX to halt trading as traders do not have equal access to information.Midg...

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