WannaCry causes cyber security and insurance companies’ stocks to rise
While it’s still a bit early to deduce the full scope of WannaCry’s negative financial impact, many are already reassessing their own security measures and seeking insurance claims, leading investors to look more attentively at the cyber-security market. Both BlackBerry Cybersecurity Services and FireEye saw 7% surges in stocks in May, indicating that people’s digital security awareness has been heightened — potentially the only upside to the attack.