DDoS Attacks Shut Down New Zealand Stock Exchange

By Doug Olenick for BankInfoSecurity
Thursday, August 27, 2020

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The New Zealand Stock Exchange remained shuttered for a third day Thursday after a series of distributed denial-of-service attacks that swamped the exchange and rendered its homepage inaccessible.

Setting the Stage

No details are available about the scale of the attacks or who may have launched them.

"This may be a rehearsal of a major attack targeting NASDAQ [exchange in the U.S.] or LSE [London Stock Exchange] amid the craziness going on the global stock markets," says Ilia Kolochenko, founder and CEO of the web security company ImmuniWeb. Read Full Article