Regulator Blasts NZ’s Stock Exchange Over DDoS Meltdown

This Data Breach alert was published at 29.01.2021 16.26 on Data Breach Today.

NZX Was Unprepared for a Known Threat, Financial Markets Authority Says New Zealand’s financial regulator has issued a searing report about IT security failures at NZX, the country’s stock exchange, that contributed to a disruptive DDoS attack. The regulator says NXZ had inadequate IT security and failed to prepare for DDoS attacks.

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