New Zealand enduring wave of cyberattacks

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New Zealand is confronting cyberattacks on an unprecedented scale, targeting everything from the stock market to the weather service, the nation's justice minister says.

The attacks stopped share trading for up to several hours at a time over four days last week. Private company NZX, which hosts the market, said it halted trading to maintain market integrity because the attacks prevented it from publishing market announcements.“That motivated them to continue the attack, and they picked on other organizations as well,” he said.

Another bank, Westpac, said it successfully repelled an attack two weeks ago and hadn’t been hit again since. News organizations Stuff and RNZ reported they had repelled attacks over the weekend. NZX said that, despite more attacks on its website, so far this week it has been able to trade uninterrupted.

 

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