Petya Malice Spilling Over: Buy Cybersecurity Stocks & ETFs
Zacks Investment Research | Jun 27, 2017 10:16PM ET
The international cyberattack that hit Ukraine yesterday outsmarted the whole world, especially the technologically advanced Europe and United States, yet again. Tens of thousands of machines were crippled in dozens of countries. It mainly infected computer systems of banks and major companies in Ukraine, Russia and Britain.
The ransomware called “Petya” locks an infected computer and asks the computer's administrator to pay $300 worth of the bitcoin to regain control of them. Per the Moscow-based cybersecurity firm Group IB, the virus affected about 80 companies in Russia and Ukraine.
It came a month after the WannaCry hack that locked up more than 200,000 computers paralyzing factories, hospitals, shops and schools in over 150 countries (read: Zacks Investment Research
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