Resignation follows one of the worst DDoS attacks suffered by NZX.
Several media outlets in New Zealand have reported New Zealand Stock Exchange CIO David Godfrey has resigned from his position and will leave before the end of 2020.
According to New Zealand Herald in a statement, NZX chief executive Mark Peterson said, Godfrey had been “first-class”.
Godfrey spent 11 years at NZX in various positions. He joined NZX in 2009 as IT Manager, before moving into the role of head of regulated systems and operations. Godfrey was appointed as CIO in 2016 and remained in that position for over four years.
In August this year, NZX faced DDoSS attacks, which impacted its ability to publish market announcements to the public.
At those times, NZX made the decision to halt the market to maintain market integrity.
At the time Peterson said NZX continues to work closely with its network service provider, Spark, and national and international cyber-security partners, including the Government Communications Security Bureau (GCSB), as it has from the outset.
It has also been working Akamai Technologies – one of the world’s leading cyber-defence experts – to implement additional measures.
NZX was advised by independent cyber specialists that the attacks last week are among the largest, most well-resourced and sophisticated they have ever seen in the country.
NZX noted the National Cyber Security Centre (NCSC) had compiled and sent an Advice Notice to New Zealand companies.
NZ Herald also reports, “an international search to appoint a successor is underway with executive recruitment firm, Hobson Leavy. NZX’s Technology Committee will be involved in the selection process”.
