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Cybersecurity stocks rise after global 'ransomware' attack

A cyber-attack, spread across the globe, disrupted operations at firms including Renault

Photo: Reuters
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Photo: Reuters

Reuters New Delhi
Cybersecurity stocks and tracker products rose at the European open on Monday after a global "ransomware" attack disrupted car factories, hospitals, shops and schools around the world.

A London-listed cybersecurity exchange-traded fund ISE whose holdings include software provider Cisco Systems and cybersecurity firms Fireeye and Symantec rose 0.9% at the open.

London-listed shares in cloud network security firm Sophos, which also saw an upbeat target price raise at Deutsche Bank, jumped as much as 3.6% to a record high.

A cyber-attack in at least 150 countries spread across the globe on Friday, disrupting operations at firms including French carmaker Renault.

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