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How a dated cyber-attack brought a stock exchange to its knees

How a dated cyber-attack brought a stock exchange to its knees

February 08, 2021

The website of the New Zealand Stock Exchange slowed to a crawl on a Tuesday afternoon in August. It was so badly throttled that the exchange couldn't post market announcements, as required by financial regulators. So with an hour left for trading, management shut the entire operation down.

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