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Cybersecurity 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 up stocks expected to benefit from a pick-up in cybersecurity spending by firms and government agencies.The cyber attack began spreading across the globe on Friday and by Monday had locked up computers in more than 150 countries, with experts warning of an even wider impact as more employees logged on and checked e-mails.European Union police agency Europol said on Monday the attack had hit 200,000 machines."These attacks help focus the minds of ...

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First Published: Mon, May 15 2017. 17:54 IST