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WannaCry fever pays off for cyber security giant Sophos

The ransomware attack on the NHS and new data protection laws helped cap a buoyant year for cybersecurity company Sophos.

The FTSE 250 technology company reported a 22pc growth in billings – an indicator of future revenues – to $768.6m (£582m) for the year ending March 31.

Sophos reported a 20pc increase in adjusted operating profit to $46m almost exactly a year on from the WannaCry virus took hold of 200,000 computers in 150 countries.

“The well-publicised cyber attacks of the past twelve months have further raised awareness and strengthened demand,” Chief executive officer, Kris Hagerman said. “The need for businesses to secure their IT infrastructure and data has never been greater.”

“This…



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