Geo Political Risk

[Davexl]

From Business Desk.

NZX was the victim of an offshore internet attack which closed down trading just before 4pm this afternoon.
Internet provider Spark said in a statement NZX experienced a "volumetric DDoS (distributed denial of service) attack" from offshore, which impacted NZX system connectivity.
As a result NZX decided to halt trading in its cash markets at approximately 15.57.
A DDoS attack aims to disrupt service by saturating a network with significant volumes of internet traffic.
Spark said the attack was able to be mitigated and connectivity has now been restored for NZX.
At its premature close the S&P/NZX 50 Index was trading at a near to a record high.
The outage resulted in brokers being unable to access NZX’s systems or data via the internet.

Probably just a trial run eh ?

Thanks Peat - looks like someone didn't pay for their Cloudflare subscription, or all the Telco security gurus have buggered off to live in Vancouver...
Two of my senior security professionals from my own Telco / network security days did just that!