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The broader effects of cyber attacks on firms are being felt. In this case as Moody’s warns of the effects of cyber attacks on UK water companies, warning of an ‘elevated’ risk from cyber attackers targeting water infrastructure. Placing water providers credit ratings under review.
Recent cyber incidents have highlighted the vulnerability of cyber attacks on UK water infrastructure. With Moody’s raising concerns that attacks affect infrastructure companies operating profit. Through increased expenditure on cybersecurity (Left of Bang) and incident response (Right of Bang). In addition to the potential fines imposed by data and infrastructure regulators. The December UK Parliamentary report highlights the issues UK CNI faces in managing cybersecurity, government strategy and left of bang compliance.
U.S cyber leaders presented to congress last week on the issues the country face with regard CNI cybersecurity and the threats from nation state actors. Threats that the UK also face. Coming at a time when both physical and logical water infrastructure requires attention, funding and CNI faces a considerable threat from nation state cyber threat actors.
In part why the EU is regulating Critical National Infrastructure, that includes the water industry, through EU NIS 2 Olaf Classen.
Ted Dziekanowski Brian D. McCarthy Rich Waite, M.Ed. George Sawyer
Veritas GRC
#cybersecurity #cyberriskmanagement #cni
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