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NZX controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2020

    Distributed denial-of-service extortion attack

    NZX suffered distributed denial-of-service attacks that interrupted trading for five days from 25 August 2020. The attackers demanded an unspecified Bitcoin ransom. NZX refused to pay and obtained assistance from Spark New Zealand and the Government Communications Security Bureau.

    Source

  2. 2020

    Air New Zealand fined for breaching NZX disclosure rules

    Fine or penalty

    Air New Zealand was censured and penalised $40,000 for breaching NZX rules on disclosing sensitive information to investors. The Market Disciplinary Tribunal said the airline gave staff and media details about possible workforce cost savings before the information was disclosed through NZX's platform.

    Source excerpt

    • Air New Zealand has been censured and penalised $40,000 for breaching Stock Exchange (NZX) rules about disclosing sensitive information to investors.
    Source