New Zealand Deploys Spy Agency as Hackers Hit Stock Market (1)

Aug. 28, 2020, 7:59 AM UTC

New Zealand called in its spy agency and activated security crisis plans to help defend the stock exchange from overseas attack, after hackers disrupted the market for a fourth straight day.

“We as a government are treating this very seriously,” Finance Minister Grant Robertson said Friday, adding agencies would coordinate to deal with the threat. “There are limits to what I can say today about the action the government is taking behind the scenes due to significant security considerations.”

Grant Robertson
Photographer: Mark Coote/Bloomberg

The NZ$204 billion ($135 billion) stock market has been the target of distributed-denial-of-service attacks that have overwhelmed its website and ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.