An Urgent Need for Cybersecurity Stocks
In June 2017, Russian hackers launched a malware attack on Ukraine called NotPetya. The attack, which locked users out of their own files unless they paid a ransom in bitcoin, was just one more tactic in the conflict between the two nations that had begun three years earlier. But viruses don't respect borders, and this one spread far beyond Ukraine.
It infected computers in Europe and the U.S., and even in Russia itself. Mondelez (), the giant global food company headquartered in Chicago, was hit hard. NotPetya disrupted e-mail and logistics and caused $100 million in damage. The White House called it "the most destructive and costly cyber-attack in history."
