The New Zealand stock exchange (NZX) fell victim to repeated distributed denial-of-service (DDoS) attacks last week and earlier this week. This is a common cyberattack tactic in which a server or network is taken down by an avalanche of traffic.

It overwhelms the mark, so the resource or service is inaccessible to users. This can be mere mischief, or a distraction from another, more directed hack, or — as was the reportedly case with NZX — a ransom scheme...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.