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Ransomware attack shines light on Sophos

Ransomware attack shines light on Sophos

The importance of effective cyber security was shown all too clearly by last week's ransomware attack on the NHS. But even without the spikes in demand caused by such high profile events, cyber security is the fastest-growing division of the IT industry, accelerating at 7 per cent a year. Sophos (SOPH) has, once again, outpaced that growth. Reported billings rose by a fifth at constant currencies to $632m (£486m) as the group added more than 40,000 organisations to its books, to take its total customer base above a quarter of a million.

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