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NZX down for third day in a row, following another cyber attack

The NZ Stock Exchange (NZX) has been halted after its website went down for a third day in a row.

Trading was halted prior to the market closing on Tuesday, and was closed for most of yesterday after an offshore cyber attack.

The type of attack is known as a distributed denial of service attack (DDoS), which overwhelms the online service rendering it inoperable.

A spokesperson for the NZX says if the website goes down, they cease trading because retail punters cannot see the market announcements being made.

More to come...

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