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Industry News: ESG5

New Zealand Exchange Cyberattack Also Hit More Than 100 Firms

2021-02-08

BNN Bloomberg: More than 100 banks, exchanges, insurers and other financial firms worldwide were targets of the same type of cyberattack that crippled the New Zealand Stock Exchange in August, though they didn’t suffer the same extent of damage.

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New Zealand Financial Markets regulator Says NZX Failed to Meet Tech Standards

2021-01-27

Reuters: New Zealand’s financial markets regulator said the country’s stock exchange operator’s technological systems were “insufficient” following a probe into the multiple outages and cyber attacks that hit the bourse operator last year.

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NZX Chief Information Officer Resigns Following Slew of Cyber Attacks

2020-09-30

Newshub: The chief information officer of the New Zealand stock exchange (NZX) has resigned and will leave the company at the end of 2020. David Godfrey's resignation follows a series of distributed-denial-of-service attacks (DDoS) which caused multiple crashes of the trading website.

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NZX Under Cyber Attack, But Trading Continues

2020-09-15

NZ Herald: The NZX is understood to be under another cyber attack, putting its website out of action, but share trading was continuing normally under measures put in place when the first attacks occurred late last month.

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NZX Website Hit by Fresh Cyber Attack

2020-08-31

itnews: The New Zealand stock market was hit by a fifth day of cyber attacks, crashing its website, but maintained trading after switching to a contingency plan for the release of market announcements.

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New Zealand Spy Agency Investigating 'Severe' Cyberattack On Stock Exchange

2020-08-28

CNN: New Zealand has ordered one of its spy agencies to investigate a cyberattack that originated overseas and disrupted the country's financial markets for a fourth consecutive day on Friday.

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Developed APAC States Most Exposed to Cyber Risks

2020-03-26

Computer Weekly: Developed countries in Asia-Pacific (APAC) with more established digital economies may be most vulnerable to cyber attacks, but they are also among the most prepared in the region to deal with cyber threats, a new study has found.

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Asia-Pacific Cyber Security Market to Touch $48 Bn by 2025, Says Expert

2019-11-24

The Hindu: An industry-oriented workshop on ‘Cyber security technologies and applications’ organised at the Indian Institute of Information Technology (IIIT Sri City) gave a fresh outlook on the emerging opportunities in the sector as well as future global applications.

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NZ’s $8 Million Cyber Security Funding Boost

2019-07-03

Insurance Business Magazine: It has allocated $8 million over the next four years to help implement its efforts - this is on top of $9.3 million increased funding for CERT NZ.

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