New Zealand bourse crashes for fourth day after cyberattacks

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New Zealand bourse crashes for fourth day after cyberattacks
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WELLINGTON: New Zealand's stock exchange crashed for a fourth day on Friday (Aug 28), due to network connectivity issues relating to two ...

WELLINGTON: New Zealand's stock exchange crashed for a fourth day on Friday , due to network connectivity issues relating to two cyberattacks targeted at the bourse this week, bourse operator NZX Ltd said.

Given the issue the pre-Open for the NZX Main Board and Fonterra Shareholders Market was extended, the bourse said. The NZX Debt Market was placed into a halt at 9.58am . Australia said it would spend A$1.66 billion over the next 10 years to strengthen the cyber defences.

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