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Cyber security stocks rise in wake of 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 infected 300,000 computers in more than 150countries."These attacks help focus the minds of chief technology officers across corporations to make sure security protocols are up to date, and you often see bookings growth at cyber security companies as a result," said ...

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First Published: Tue, May 16 2017. 01:21 IST