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Daniel Ayers: IT security expert on NZX cyber attacks

Published: Aug. 26, 2020, 11 p.m.

The New Zealand stock exchange is being told it could be doing far more to protect itself against the ongoing threat of cyber attacks.
The NZX has been brought down twice in 24 hours, by DDOS or Distributed Denial of Service attacks.
Trading resumed on the exchange at 3pm yesterday, and the exchange is planning to open for normal trading at 10am today.
But IT security expert Daniel Ayers told Mike Hosking the NZX urgently needs to address its vulnerability, to reduce the chance of further attacks.
"DDOS attacks are difficult to protect against, but a basic issue in NZX's network has made it especially vulnerable."
Ayers says the attacks appear to be regular attacks, taking advantage of a basic issue with NZX's network.
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