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Cyber security stocks rise after global 'ransomware' attack

Reuters  |  LONDON 

By Helen ReidLONDON (Reuters) - A global "ransomware" attack disrupting factories, hospitals, shops and schools spurred investors on Monday to buy stocks expected to benefit from a pickup in cyber security spending by companies and government agencies.The cyber attack began spreading across the globe on Fridayand by Monday had locked up computers in more than 150countries. European Union police agency Europol said on Monday the attack had hit 200,000 machines."These attacks help focus the minds of chief technologyofficers across corporations to make sure security protocols areup to date, and ...

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First Published: Mon, May 15 2017. 21:42 IST