Cybersecurity

Wave of Cyber Attacks Sends Online-Security ETF Surging

  • Cyber security stocks gain with malware infecting companies
  • Attack hits U.K. health systems, asking for Bitcoin ransom

Cyber Security Experts Tackle Global Ransomware Attack

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Call it the flight to cyber-safety.

After a wave of global online attacks over the weekend, companies such as FireEye Inc. that provide software security services gained Monday on speculation the exposed weaknesses may trigger a surge in security spending. The $967 million PureFunds ISE Cyber Security ETF, or HACK, jumped the most in six months.