Ransomware boosts Cybersecurity stocks & Bitcoin - Tip TV

May 15, 2017, 09:50 AM

Ransomware - A cyber-attack that has hit 150 countries since Friday. The virus took control of users' files and demanded $300 (£230) payments to restore access.

There are fears of more Ransomware attacks, although few have been reported till now. Independent Market Analyst Matt Brown says, the cyber attack has boosted the Cybersecurity stocks. For example, the shares of the London listed Ecsc Group, an IT service management company, are up 26% this Monday morning.

Brown and Tip TV Presenter Zak Mir also discuss whether it is safe to buy Bitcoin in the wake of the cyber attacks.

Listen to the full segment for more info on-

FX Sentiment powered by Oanda

The Coe report - Russell 2000

Investors Intelligence - Point & figure view on FTSE All Share Index

Trade of the day- Long Royal Mail Group

#Ransomware, #Cybersecurity, #IT, #markets, #stocks, #equities, #trading, #Bitcoin, #virtualcurrency, #investing, #macro, #fundamentals, #UK, #forex, #currencies, #indices, #commodities