Three consecutive days of denial of service (DDoS) attacks: this is what the New Zealand Stock Exchange just took, which was once again forced to suspend its activities. Under fire from hackers since the start of the week, the New Zeland Exchange (NZX), which had suspended trading for a few hours the first two days, simply closed on the third day.
“We made the decision not to reopen in order to focus on the problem. […] we are doing our best to resume normal activity tomorrow“, Entrusted the spokesperson of the NZX to the site The Register.
According to New Zealand media reports, it is not the stock exchange’s software core that is being targeted, but only its website. But since this site allows to see the situation live and to contact investors, NZX officials preferred to suspend their activities. According to an expert interviewed by local media, the attack was not the subject of demand for money or data theft, but could be carried out by a group of independent “vigilantes” anonymous.
Small in size and flows, the New Zealand stock exchange weighs heavily on the milk market, however, since its Fonterra cooperative is the world’s largest exporter and represents 30% of global trade volumes.