New Zealand’s central bank said earlier this year that cyberattacks could wipe out about 2 per cent to 3 per cent of the profits of the banking and insurance industries each year. Photo: NZME New Zealand’s central bank said earlier this year that cyberattacks could wipe out about 2 per cent to 3 per cent of the profits of the banking and insurance industries each year. Photo: NZME
New Zealand’s central bank said earlier this year that cyberattacks could wipe out about 2 per cent to 3 per cent of the profits of the banking and insurance industries each year. Photo: NZME
New Zealand

New Zealand stock exchange crashed by cyberattacks for fourth day in a row as spy agency seeks answers

  • Experts say possible explanations include a state-sponsored incursion, online activists with an anti-capitalist agenda or a criminal enterprise seeking a ransom
  • New Zealand is not often the target of such attacks but neighbouring Australia ramped up its cybersecurity this year after a rise in similar incidents

Topic |   New Zealand
New Zealand’s central bank said earlier this year that cyberattacks could wipe out about 2 per cent to 3 per cent of the profits of the banking and insurance industries each year. Photo: NZME New Zealand’s central bank said earlier this year that cyberattacks could wipe out about 2 per cent to 3 per cent of the profits of the banking and insurance industries each year. Photo: NZME
New Zealand’s central bank said earlier this year that cyberattacks could wipe out about 2 per cent to 3 per cent of the profits of the banking and insurance industries each year. Photo: NZME
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